Aldermore to resume physical valuations in England

Ryan Fowler

May 20, 2020

platform physical valuations

Aldermore is resuming physical mortgage valuations on properties for house purchase and remortgage in England following the government’s updated guidance confirming that physical valuations.

Aldermore will ensure a detailed risk assessment is undertaken ahead of a valuation appointment so that the safety of surveyors and residents is prioritised in line with government guidance.

Physical valuations on buy-to-let properties in England are anticipated to recommence shortly, and Aldermore will in the meantime continue to conduct remote valuations when possible.

Jon Cooper, head of mortgage distribution, Aldermore, said: “We are keen to help the many customers in the UK looking to get going on their home buying and selling plans, but we must be cautious and responsible in how we open up.

“The new government guidance is encouraging in allowing the housing market to get moving again, and ensuring safety is a priority will help build confidence in the long term.

“The protection of our customers and surveyors is our primary consideration so we are committed to adhering to meticulous social distancing procedures. We are working towards physical valuations for buy-to-let properties and will have an update on this shortly.”

Remote valuations will continue to take place when possible in Scotland and Wales, and applications in these countries that require a physical property valuation will be put on hold until social distancing restrictions have been eased.

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