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Mortgage Valuation (MV)

What it is

When a bank, a building society or any other lender is looking to offer you a mortgage, they will usually want a Mortgage Valuation.
This is not a full survey – it’s simply a way for the lender to

  • Check the basic condition of the property.
  • Ensure it’s a suitable security for the loan, and get an Open Market Valuation (OMV) – a property valuation which gives a realistic idea of what the property is worth in today’s market.

What it does

It simply gives information to the lender about the property to determine if they are prepared to lend money on it.
What you need to know.

  • It isn’t a full survey – you will need to know more about the property than the Mortgage Valuation report alone will tell you.
  • The Mortgage Valuation isn’t really for you – the contract is between the lender and the valuer.

This is to determine from the lenders view – that the property is worth what you’re paying for it and is

What we think

To make a well-informed decision whether or not to buy, you need a much more detailed buyers survey such as a full building survey.

Click here to enquire about a mortgage valuation, or call us on 01473 623 656 or freephone 0800 652 8285.


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Whether you need a simple valuation or a full structural survey as well as being expert building surveyors we’re happy to give you free, impartial advice on anything to do with buildings and property.
Anderson Associates
(Head Office & Correspondence Address)
Warneford House, Portal Avenue
Martlesham Heath, Ipswich
Suffolk IP5 3QY
T. 01473 623 656
T. 0800 652 8285
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Registered Office: Anderson Associates (Surveying) Ltd. | Warneford House, Portal Avenue, Martlesham Heath, Ipswich, Suffolk IP5 3QY
Designed and developed by Hughes and Co Design Ltd
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