How is my property valued?

There are two ways we value your property – we may provide you with an estimated value or a formal property valuation.

Whenever we determine the value of any property, we use several data vendors to look at details like property location, property attributes, past market performance and other factors.

What is an estimated value?

Any estimated value we provide you is an approximate price range of what your property could be worth. It’s not an official property valuation but instead a general guide.

If you haven’t started an application yet, we may provide you with an estimated value of your property to get the ball rolling.

Once you start an application, we may also provide you with an estimated value on any property assets you've told us about.

If we provide you with an estimated value and you think it's not quite right, we may ask you to enter your own estimated value or we may obtain a value using a different method. Either way, you can still proceed with your application and we'll be in touch after you apply.

What is a property valuation?

A property valuation is a formal assessment of the current market value of your property.

For the property you're refinancing, we'll provide you with a property valuation.

This is provided as part of an application, however, if our automated process doesn't return a property valuation, you can still proceed with your application and we’ll get a valuation for your property during this process.

Please also keep in mind that the property value we provide may differ from the price at which the property might sell for.