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Site value for mortgage?

  • 28-11-2016 9:47pm
    #1
    Nickypicky
    Registered Users, Registered Users 2 Posts: 72 ✭✭


    So, have our full planning, want to start building asap. In the middle of finding solicitors/engineers/getting site valued.

    Sent a load of emails over the weekend as I knew I couldn't make calls etc today and wanted to get the ball rolling.


    Received a reply today from the valuers saying seeing as you have been gifted the site, that she will value the site lower as opposed to higher........


    Can someone shed some light on this? Im confused.


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,852 Mod ✭✭✭✭Henry Ford III


    Asking the valuer is the best idea.


  • #3
    fits
    Registered Users, Registered Users 2 Posts: 13,770 ✭✭✭✭fits


    Value of site is part of total allowable inheritance you can receive from parents (280k) so you'd probably want a lower estimate.


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