The Money Nest by Heron Financial

Mortgage Valuations Explained: What Happens If Your Property Is Down Valued?

Heron Financial

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0:00 | 19:28

If your mortgage valuation comes back lower than expected, what does it actually mean, and what can you do about it?

In this episode of The Money Nest, Matt is joined by senior mortgage advisor Josh and case progression manager Rachel to break down how mortgage valuations work in simple terms. From understanding the difference between desktop and physical valuations to why new builds can sometimes be harder to value, they explain what’s really going on behind the scenes.

They also walk through what happens if your property is down valued, including your options, whether that’s trying another lender, increasing your deposit, renegotiating, or deciding if it’s the right property at all.

Most importantly, they explain why a valuation is just one opinion, how to approach the situation calmly, and how to avoid making emotional decisions that could impact you financially.

If you’re buying, remortgaging, or just want to understand the process better, this episode will help you feel more prepared for one of the most important steps in the mortgage journey.

If you would like to learn more, please do get in contact with us. All our details are on the website - https://heronfinancial.co.uk/