An automated valuation (AVM) is a digital check that we carry out on all properties to confirm the property value as you indicated in your application.
As AVMs are digital these are completed at no cost to you which means if the result of the AVM confirms the value, we can progress the application forward without having to wait for a physical valuation to be carried out.
If the AVM is unsuccessful, however, we will instruct a physical valuation. We have partnered with Connells Surveyors who carry out all our physical valuations. Connells charges fees for physical valuations that are paid upfront by you. (fees are refundable up to the day before the physical valuation appointment).