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Hie everyone fairly new to the property world would love some advice. Thanks in advance Quick question about BMV sourcing. For valuation purposes is using zoopla rightmove etc sufficient or a surveyor is a needed and generally speaking is 15% the minimum requirement for a BMV deal

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Hi David,


I would check the following to size up if it is actually BMV..


- Check the Land Registry prices on recent sales on indentical units.

- Check on Rightmove the properties for sale and include Under Offer, Sold STC...

- Check current condition (Take a tradesman with you and cost up any work needed)

- Survey will confirm/dismiss your valuation.


What you deem BMV is your discretion but i would say aim for 20% minimum




Greg Ashall

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