Do I have the right to see my lender’s valuation report?
My lender is refusing to provide me with a copy of the valuation report. I paid for the report so why am I not entitled to see a copy? I also want to see details of the comparable evidence used.
A mortgage valuation report is commissioned by the lender to assess the value of the property at a given date as part of the mortgage application process and is paid for by the applicant. Any details a purchaser sees is by courtesy of the lender, but he/she has no rights regarding the content of the report. Some lenders have a policy of non-disclosure.
Many lenders don’t ask for details of the comparable evidence in their valuation report, so the only place you will find the comparable evidence is on the surveyor’s case file.