the valuation debate


the valuation debate

MT Finance was recently asked by Bridging and Commercial Distributor to provide the company’s perspective on the ongoing debate as to whether responsibility for the payment of valuation fees (including when taking out a bridging loan or otherwise) should fall upon the shoulders of lenders.

We feel: “There is a danger that such a shift could lead to a significant increase in unrealistic, speculative applications on the part of borrowers with nothing to lose.  This would necessitate a re-allocation of resources by lenders; resources better employed in working on applications which are more realistic, improving customer service, and offering better rates to customers.”

At  MT Finance we work with borrowers to save time and money by assessing the respective merits of an application on receipt and before any valuation fees are incurred.  In this way we hope to ensure efficiency and to manage expectations.

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