The updated AVM portal makes valuations faster and clearer – with higher confidence levels and fewer internal refers.
When can AVMs be used
AVMs can be used on standard residential properties in a habitable condition with good comparable data. The maximum LTV depends on the Rightmove confidence level with flexibility possible in borderline cases.
The maximum LTV where AVMs can be used depends on the confidence rating in the property value from our AVM provider, Rightmove.
• 70% LTV – Confidence Level B
• 65% LTV – Confidence Level C
For cases where the LTV and confidence levels sit outside this criteria, it’s likely that we’ll require a standard physical valuation. However, for borderline cases, we may be able to apply some flexibility.
Eligible property types
Typically acceptable for AVM
• Properties undergoing light refurbishment
• Properties with clear, comparable market data
Requires a physical valuation
• Flats
• HMOs
• Listed buildings
• Commercial or semi-commercial properties
Submitting an AVM
Submitting an AVM with the application
• Run the AVM using the Rightmove portal
• Download the AVM PDF report
• Attach the AVM report to your application
• Submit the application
What's on offer
Bridging solutions designed for speed
• No maximum loan size
• Up to 75% LTV
• No exit fee
• No early repayment charges
INTERMEDIARIES ONLY
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