What is a mortgage lending value report?
The mortgage lending value is the value of a property that serves a bank as a permanently reliable basis for granting credit over the entire term of a financing arrangement. Unlike the market value, which relates to a specific valuation date, it reflects the sustainably achievable value — free from temporary, speculative market fluctuations.
The value is determined in accordance with the requirements of the Pfandbrief Act (§ 16 PfandBG) and the Mortgage Lending Value Regulation (BelWertV). The mortgage lending value is thus the decisive instrument for banking-supervisory lending purposes and forms the basis for the lending limit and credit volume.
“The mortgage lending value shall not exceed the value that results from a prudent assessment of the future marketability of a property, taking into account the long-term, sustainable characteristics of the property.”
— § 16 (2) Pfandbrief Act (PfandBG)
What distinguishes a bank-compliant appraisal report?
- Valuation strictly in accordance with BelWertV and § 16 PfandBG
- Sustainable income and cost value rather than a snapshot
- Consideration of safety deductions and capitalisation rate
- Personal inspection and condition assessment
- Accepted by credit institutions as an external valuation
- Transparent derivation for the credit file
Mortgage lending value report
- Determination per BelWertV
- Sustainable value approach
- Personal inspection
- Accepted by banks
- Delivery within 10–15 working days
- Qualified valuer
Mortgage lending value or market value?
Both values describe the same property — but serve different purposes. For reasons of prudence, the mortgage lending value is regularly below the market value.
Mortgage lending value
Sustainable and permanently achievable value over the entire credit term. Determined in accordance with BelWertV, applying safety deductions — the basis for the bank's lending limit and credit decision.
When do you need a mortgage lending value report?
A mortgage lending value report is always required when a property serves as loan collateral and the bank needs a robust, supervisory-compliant valuation basis.
Real estate financing
Valuation basis for construction financing, acquisition or follow-up financing as loan collateral
Debt restructuring
Current mortgage lending value as a basis for better terms when switching banks
Raising capital
Mortgaging of existing properties to finance new investments
Commercial financing
Valuation of office, retail and logistics properties for lending purposes
Portfolio financing
Sustainable valuation of entire property portfolios for institutional financing
Banking supervision & risk
External valuation for supervisory purposes and internal risk management
The process for your mortgage lending value report
Free initial consultation
We clarify the financing occasion, the type of property and the required scope of the appraisal report — and agree on the requirements your bank places on the external valuation. You receive a binding fixed-price offer.
Documents & commissioning
You provide the land register extract, building description, floor plans, area calculations and — for let properties — the tenancy agreements. We obtain any missing documents together.
Personal property inspection
Tobias Streckel inspects the property in person. The building fabric, fittings, third-party usability and all sustainably value-determining characteristics are recorded and documented.
Determination pursuant to BelWertV (German Mortgage Lending Value Regulation)
Determination of the sustainable income and cost values applying supervisory-compliant capitalisation rates, management costs and safety deductions in accordance with the Beleihungswertermittlungsverordnung (Mortgage Lending Value Regulation).
Derivation of mortgage lending value & lending limit
Derivation of the mortgage lending value with fully documented reasoning. Upon request, we state the bank-standard lending limit — as a direct basis for your credit institution's decision.
Handover & personal explanation
You receive the appraisal report as a bound copy and as a PDF — in the form required for the credit file. Should the bank have any queries, we are available to provide explanations.
Frequently asked questions
What does a mortgage lending value report cost?+
The fee depends on the type of property and the scope of the appraisal report. You can find the current fixed prices in our fee schedule: View fee schedule Surcharges may apply for commercial and special-use properties, larger portfolios or particular complexities. You will receive a binding quotation after a free initial review — always before any engagement is placed.
Why is the mortgage lending value below the market value?+
The mortgage lending value follows the principle of prudence: it reflects the value that can be achieved on a lasting and sustainable basis, not the current market price. Short-term market peaks are disregarded, and safety deductions are applied. As a result, the mortgage lending value is typically 10 to 20% below the market value.
Will my bank accept an external appraisal report?+
Many credit institutions accept external mortgage lending value reports from qualified valuers — particularly for larger financing volumes, commercial properties and portfolios. We clarify in advance whether and in what form your bank recognises an external appraisal report. Get in touch with us, and we will tailor the scope accordingly.
What is the lending limit?+
The lending limit is the proportion of the mortgage lending value up to which a bank will use the property as collateral — for mortgage loans and Pfandbrief cover, typically 60% of the mortgage lending value. It determines the maximum first-ranking secured loan volume. Upon request, we state it in the appraisal report.
Do you prepare appraisal reports nationwide?+
Yes, we prepare mortgage lending value reports nationwide. For properties outside the Munich/Bavaria region, any travel costs incurred are itemised transparently and communicated in advance — as part of the binding fixed-price quotation.
Ready for your mortgage lending value report?
Receive a personal fixed-price quotation within 24 hours — free of charge and without obligation.
