Surveys & Reports
Valuation (Level 1)
Definition
A basic assessment of a property's market value, typically carried out for the mortgage lender to confirm the property is worth what you're paying. Not a detailed inspection — it will not identify defects or structural issues. Some lenders now accept automated (desktop) valuations without a physical visit.
Related terms
Learn more
Research a property with AI
Paste a Rightmove, Zoopla or OnTheMarket link and get instant AI analysis — red flags, fair valuation, and neighbourhood data.