All Topics / General Property / What price valuation??

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  • Profile photo of SSLGBSSLGB
    Member
    @sslgb
    Join Date: 2003
    Post Count: 8

    Hope someone can offer advice please.Does St George bank have a set fee for valuation on PPOR.We are looking at this to use our equity to have an idea of borrowing capabilities.Does the bank require someone they organise OR can you organise one yourself?(mabye cheaper)

    Thanx Steve

    Profile photo of melbearmelbear
    Member
    @melbear
    Join Date: 2003
    Post Count: 2,429

    Price – not sure. It’s included in the app fee.

    Re the Valuation. I think it may depend on your manager. Ours let us organise the val, and then he ‘ordered’ it if we were happy with it. It actually worked out cheaper for St. George to pay for it. They give the valuers x number per week, so get the bulk, and we give 1 in how long?

    Of course, if we weren’t happy with the val, then we paid the valuer ourselves. We negotiated with them too. If you are looking at doing more than one in the next x months, they may give you a much cheaper rate.

    Ask your manager what valuers are on their panel.

    Cheers
    Mel

    Profile photo of SSLGBSSLGB
    Member
    @sslgb
    Join Date: 2003
    Post Count: 8

    Many thanx Melbear for your reply.

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