I already have a mortgage with a bank who do a better intrest rate for LTV<80% (if I own 20% or more). They require a valuer to value my house, I pay valuer but valuer gives report to bank.
My question is the amount the valuer comes up with - is it the cost to rebuild or the cost of the market value at the moment?
My question is the amount the valuer comes up with - is it the cost to rebuild or the cost of the market value at the moment?