05/03/09 Base Rate: 0.50%

Level 1 Basic valuationA check carried out by a surveyor, on the property, which determines how much the property is worth and to confirm that the property is suitable for a mortgage. This is compulsory for all mortgage lenders. Level 2 Homebuyers reportThis is a survey, which reviews the condition of the property, and can incorporate a basic valuation. This Survey will give you guidance on defects and other issues that should help you make your decision to buy. Level 3 Building Survey and Valuation
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Russell Townsend
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The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, wills, secured loans, bridging finance and conveyancing.