Question regarding the use of your own valuer when applying for a LOC or refinancing a property you own: All the books on real estate seem to advocate commissioning your own valuer but the banks always seem to insist on using their own. What do fellow forumites do when appplying for a LOC, simply use the banks valuer or commission your own? I understand that if you use your own, it needs to be one of the banks panel valuers and you also need to ask them to format it the way they normally do for XYZ Bank... The line of thinking is that when you commission the valuer they are working for you and you'll get a more favourable valuation, whereas the banks valuers are more likely to come in low... I've never used my own valuer, always just let the banks send whoever they like, but I guess I've been lucky (I do provide evidence of course) since when they ask me what I think its worth - their valuation has always come back the same.