UK VPGA 13 Residential secured lending guidance for other related purposes including RICS HomeBuyer Service

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The valuer may be asked for a valuation without the benefit of an internal inspection, and with or without the benefit of an earlier report. This may be called a ‘desk top’, ‘drive-by’ or ‘pavement’ valuation, or an ‘external appraisal’, and may include reference to automated valuation models (AVMs). See also UK VPGA 11.3. 1...

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