01 — Mortgage Valuations
A valuation your lender can rely on.
Securing a mortgage is one of the most common reasons for a valuation report. Lenders will ask for a report from an approved valuer before lending against a property. AREAS is approved to provide valuations for most of Bermuda’s lending institutions.
Is this for you?
Who it’s for, and when it’s needed.
Who this service is for
- Buyers arranging finance for a home or investment property
- Owners refinancing or borrowing against an existing property
- Landlords and businesses financing commercial or mixed-use property
When you may need it
- Your lender has asked for an independent valuation report
- You are purchasing a property with mortgage finance
- You are remortgaging or releasing equity
What a mortgage valuation considers
- 01Location
- 02Comparable sales within the area
- 03Condition of the property
- 04Fixtures and features
- 05Market conditions
- 06Zoning and planning restrictions
Before you get in touch
Information that may help.
You don’t need everything at the start. Share what you have and we’ll confirm what’s required for your situation.
- 01The property address and parish
- 02Your lender’s name and any instructions they have given you
- 03A copy of the deed or lot plan and site description, if available
- 04Details of recent improvements, such as a new kitchen or solar panels
Get in touch
Start with a clearer picture of your property.
Tell us about the property and why you need a valuation or advice. We’ll come back to you to discuss the scope and next steps.
