We will require a property valuation. There are three types of valuations, the first is an automated valuation, known as an AVM or desktop valuation. This is completed online and Shawbrook will cover the cost of this. The second type is a physical valuation, where a person will visit your property to make an assessment. The third is known as a ‘drive-by’ valuation where someone will complete an assessment of the value of your home from the kerbside. Fees are payable upfront for both physical and drive-by valuations. Your broker will arrange the appropriate valuation for you.