At 321 Move, we often hear questions such as, ‘how long does a house valuation take’ and ‘how long does it take to get a house valuation’. The answer can vary, depending on a variety of factors. Our experts are here to provide all the information you need to know so that you can plan a quick and easy house sale.
Moving to a new house is an exciting time but it can also be stressful. There are many steps to the process, and each step takes time. Read on to discover how to navigate the house valuation process for a hassle-free move.
A house valuation is essential to gain an accurate figure of how much the property is worth. This can help you plan the move, get the property ready for sale and decide how much to put the house on the market for. A truthful figure can make a huge difference to the success of the sale. Even £5-10,000s worth of difference has the potential to deter buyers or reduce your sale profit.
Both types of house valuation are a vital part of the house-selling process. A mortgage lender’s valuation gives your mortgage lender enough information to be able to decide the amount you can borrow and whether you can commit to your mortgage repayments.
A house valuation is carried out by a professional surveyor. They inspect the property to determine the property value and help you decide how much to put the house on the market for.
The appraiser will inspect the property, the grounds, and the location the house is in to give an accurate valuation figure. However, the final figure is often decided back at the appraiser’s office to thoroughly assess findings. They will also take a look similar houses in the area and the location of the property.
The standard valuation is by an independent surveyor to determine the value of your home before you sell. This information is sent to the mortgage lender for consideration.
If your property is particularly old, large or has severe structural issues, some owners opt for a Full Buildings Survey. This will help to assess whether the property requires any repairs or maintenance.
A Homebuyer’s Report provides more detail than a Standard Valuation. Its purpose is to assess whether the property is in need of repairs or maintenance.
The house valuation process can take time but the actual house valuation itself is usually much quicker. It can take anywhere from 10 minutes to over an hour for an assessor to determine an estimate for the property. A final valuation report is completed back in the office, where the appraiser can take local data about the surrounding area into account. The report is usually ready within a couple of days. The assessor then sends the report to the mortgage lender who will review it.
The whole process can take up to an average of 2 weeks.
You asked us ‘how long does a house valuation take?’. We hope we have answered this for you. Got a question for us?
Contact Us
A house valuation does not have an official expiry date. However, you may need to reapply for one if you take your home off the market or there is a major change inside the property or local area. Ideally, you should ensure your valuation report is no more than 3 months old from the time you put your property on the market.
It is important to remember that this is a great opportunity to get to know your estate agent as well as to value the property.
There are several ways to get your house valuation. Each one has its own benefits and potential drawbacks:
A free online valuation is the quickest way to receive an estimate value for your property.
At 321 Move, we offer a free online valuation where you can receive a figure estimate immediately. An online valuation is an excellent way to get a rough idea of the price your property might sell for; however, it is important to remember that it is only an estimate.
This is the most common form of house valuation Leeds. You can book for a surveyor or local Leeds estate agent to visit your home to give you a valuation. This assessment is usually very accurate. We recommend that you contact a RICS qualified surveyor to carry out the valuation.
Many of us are busy and will put off a call to a local estate agent or surveyor. This method can be time-consuming, especially at popular times of the year such as Spring.
Get Your Free Online Valuation
Talk To Us
Once you make the first step to get in touch with us, you can be sure of a speedy sale process. We provide you with an offer for your home within 24 hours – it’s easy to get the ball rolling and begin the next step towards your new home. The sooner you know the offer, the sooner you can decide on whether to proceed.
Are You Happy With Your Offer?
Next, it’s up to you to decide whether you are happy with our cash offer. We never put pressure on you to complete the sale – we understand that there can be a lot to consider. However, if you are happy with your offer, we will exchange contracts to legally buy your house. The price we offer you is the price you get - with none of the solicitor or estate agent fees.
Move!
Finally, you pick a date and time to move that suits you and your family.
We know that selling your house can be a busy or stressful time, but we are here to help you every step of the way.
It’s as easy as 3, 2, 1, MOVE!
You asked us: how long does a house valuation take UK?
If you need advice or have a question for us, we want to help.
Call us on 0800 8600 321
We’re proud of the testimonials we receive at 321 Move. Our team provide high standards of customer care and service to ensure that your house-selling journey is hassle-free and cost-effective.
"Efficient service and helped our family through the selling process with ease”
J. Burton, Leeds
"321 Move were so easy to understand and deal with - the price we sold at was the price they initially offered. It was such a simple process"
L Pearce, Cleethorpes
We hope we’ve answered your question, ‘how long does a house valuation take UK’. If you need further help or advice, contact us here.