A mortgage valuation is there to protect the lender. In fact, most have a clause that states they may not be disclosed to a third party and it’s not that uncommon, especially on older properties, for a mortgage survey to give a nil valuation.Mortgage valuations are often cursory and not to be used as a basis for insurance. Setting your buildings sum insured is important as it’s the amount that you will receive from insurers to rebuild your home should it suffer a major loss.Read more