R
Renoal
Guest
How do banks calculate the value to retain for building work.
If a house is currently valued at 500k and expected to be worth 700k at completion of building works how much would the bank retain if they were lending 100k?
Would it be better to have a higher valuation or a lower valuation?
If a house is currently valued at 500k and expected to be worth 700k at completion of building works how much would the bank retain if they were lending 100k?
Would it be better to have a higher valuation or a lower valuation?