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DOES PEPPER REQUIRE A VALUERS REPORT BEFORE APPROVING A MORTGAGE?

April 26, 2017approving mortgage Pepper report require valuers

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DOES PEPPER REQUIRE A VALUERS REPORT BEFORE APPROVING A MORTGAGE?

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Pepper requires a valuation to be completed before approving a mortgage. This has to be completed by one of its accredited panel valuers. The amount of the loan will be calculated at the lesser of the purchase price, or the valuation. A valuation fee applies for each security being valued.