Help to Buy Valuations in Harlow
When you come to sell, remortgage or buy more equity in your Help to Buy home, Target HCA, the government’s provider of Help to Buy loans, require you to provide a Help to Buy valuation report from an independent RICS registered Chartered Surveyor.
Morgan Sloane are a team of Chartered Surveyors with extensive experience providing Help to Buy valuations in Harlow and the surrounding areas. Their fast, friendly and reliable team are ready to answer any questions you may have and to guide you through the process of submitting a Help to Buy valuation report.
Call us today to arrange a Help to Buy valuation with Morgan Sloane.
Why do I need a Help to Buy valuation?
When you buy a property through a Help to Buy scheme, you take a loan out against the equity on your new home. The amount you pay back is based on the value of your property at the time, rather than the original purchase price.
Therefore, when it comes to selling, remortgaging or staircasing (buying more equity) you need to provide Target HCA with an accurate valuation of your home so they can calculate the value of your loan.
How do you make a valuation?
A Chartered Surveyor will first visit your home, then based on their knowledge of the housing market in Harlow, will compose a Help to Buy valuation report.
A Help to Buy report is only valid for 3-months, due to the volatility of the housing market, so you will need to send your valuation to Target HCA as soon as you receive it. As such, if you are not ready to sell, remortgage or increase the equity you own in your home, then we recommend postponing your valuation until you are.
Get in touch today!
Speak to a specialist Chartered Surveyor at Morgan Sloane today and arrange your Help to Buy valuation.