A valuation of your property may be required, depending on the value of your property, the amount of the advance and your personal circumstances.
If you have received mortgage advice directly from us, we are responsible for ensuring that the valuation is carried out and we will pay the cost of it. In limited circumstances you may need to pay some, or all of this cost and we will notify you if this is the case.
If you have received mortgage advice from your personal mortgage adviser, the responsibility for ensuring the valuation is carried out, and for paying the cost of it, will fall to either your mortgage adviser or Pepper Money. No additional cost would normally arise as a result of a property valuation, but your mortgage adviser or Pepper Money will notify you if you need to pay some, or all of this cost. A portion of any fee that you pay your mortgage adviser may include an element towards the cost of a property valuation.