If you're purchasing a new property have you had an offer accepted or are you still looking?
A property valuation is an assessment of your property's value, based on the location, condition and multiple other factors.
Remember most mortgage providers are prepared to lend up to 4 or 4.5 times your annual income as a maximum.
In the UK, 25 years is usually the maximum length of a mortgage term, so anything longer than this counts as extended. There are now many lenders who offer mortgages longer than 25 years, with the longest readily available being 40 years.
If you’re purchasing a new property have you had an offer accepted or are you still looking?