Desktop Valuation Criteria

The following properties are considered not suitable for a desktop valuation:

  • No online visibility of the property or property attributes.
  • Postcodes outside mainland UK
  • Postcodes in Northern Ireland
  • Property values in excess of £1m outside M25 or £1.5m inside M25(prime central London on
    a case by case basis).
  • New build property (built in last 24 months)
  • +4 bedrooms (BTL only)
  • HMO’s (including student lets)
  • Studio flats
  • Flats in blocks +6 storeys
  • Flats with cladding
  • Commercial property
  • Multi‐Unit Freehold Blocks
  • Shared ownership
  • Occupancy / age restrictions
  • Significant land (+2 acres)
  • Listed buildings
  • Modern methods of construction (MMC)
  • Short leases (<85 years)
  • EPC rating F/G or no valid EPC (BTL only)
  • Properties above or adjacent to commercial premises
  • Suspected Flying freehold (+20%)
  • Properties subject to renovation / refurbishment
  • Suspected Poor condition
  • Properties in areas known, or suspected to be subject to:
    - High or extreme flood risk
    - coastal erosion risk
    - structural / subsidence issues
    - Mundic
    - contaminated land
    - Electro Magnetic Field’s (EMF’s)

Additional Exclusions (outside current lending criteria)

  • Postcodes outside mainland UK
  • Postcodes in Northern Ireland
  • HMO’s (including student lets)
  • Studio flats
  • Flats with cladding
  • Commercial property
  • Multi‐Unit Freehold Blocks
  • Properties above or adjacent to commercial premises