Last updated: February 2026
Valuation is the bank's independent assessment of property value and it directly affects the maximum finance amount. This guide explains the valuation workflow and what to do if valuation is lower than expected.
Valuation is the bank's independent assessment of property value and it directly affects the maximum finance amount. Most mortgage delays happen at valuation due to scheduling, access, missing property documents, or a valuation gap (valuation below purchase price). This guide explains the valuation workflow and what to do if valuation is lower than expected.
Valuation Tracker
Stages: requested, scheduled, inspected, report issued, underwriter review. Outputs: current stage, ETA, and next required action.
Explore our calculators| Delay cause | Why it happens | How to prevent |
|---|---|---|
| Access not arranged | Seller/agent not coordinated | Pre-book inspection window and confirm access |
| Missing property documents | Incomplete property pack | Collect documents early and keep them consistent |
| Property acceptability flags | Marketability/condition issues | Confirm acceptability before valuation and plan contingencies |
If valuation is below purchase price, the bank often sizes financing on the lower valuation. This can reduce loan amount and increase cash required. Your options are renegotiation, additional cash, or changing property/unit.
Valuation Gap Simulator
Inputs: purchase price, valuation result, target LTV, fees estimate. Outputs: new max loan, additional cash required, and ranked options.
Explore our calculatorsBlog content is general information. It does not constitute financial advice. Consult a qualified professional before making financial decisions.