Recent content by fhriuehjs

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    Investec home loan valuation fee?

    Ok, I guess that makes sense, thanks!
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    Investec home loan valuation fee?

    Hm. Our purchase price is R1.2m. I do think the desktop valuation should be ok, another house in the same complex sold for 1.2 last year. Another thing, what is with their 'investec mortgage bond rate', which is currently equal to prime (our rate is 1.3 below that). I assume they could in...
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    Investec home loan valuation fee?

    I understand that they don't technically take the money, but it does seem like other banks don't do the valution this way, so I'm just trying to understand why they are doing it and if it is actually allowed. Multiple websites state that valuation has to be included in the initiation fee. The...
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    Investec home loan valuation fee?

    Yeah well that would be a remote valuation, this would only be charged for an in person visit.
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    Investec home loan valuation fee?

    Well, here is some info on SA Home Loans: https://www.sahomeloans.com/bond-talk/what-fees-can-i-expect-pay They state: "Owing to the introduction of the National Credit Act, banks no longer charge their clients valuation fees. Instead, this fee is now incorporated into the bank’s initiation fees."
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    Investec home loan valuation fee?

    We are in the process of getting a home loan from Investec. They will charge a valuation fee of up to R5750 on top of their initiation fee. Apparently this is only if the desktop valuation is not high enough and someone has to visit the property. They do state that this is paid straight to the...
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