Mortgage to Rent Scheme : Valuation Eligibility Tool

Live

Date: 06 January 2009

You can use this tool to assess whether a particular property is likely to be eligible for Mortgage to Rent. To be eligible, a property must usually be valued at no more than the average price of property in the area. Input the postcode and the value of the property and then click on the "Check Eligibility" button to find out if the property is likely to be eligible.

The underlying figures used to assess cases are property prices in 2003. You should therefore input an estimated value of the property in December 2003. This is the basis on which we will assess applications when they are received.

This tool builds in an error margin of 10% in favour of the property being eligible. This allows for errors in the estimation of the property value. If a case appears marginal, we would recommend that you refer the client to the sources of advice. for consideration.