Mortgage & Bank Valuations in Cayman
Bank-Ready RICS Valuations for Every Cayman Lender
Your bank needs a valuation from a panel valuer. Plum is on every Cayman retail bank’s valuation panel, and reports are issued within 2 business days of inspection.
- On every Cayman retail bank valuation panel
- RICS Registered Valuer and Chartered Surveyor
- Reports within 2 business days of inspection
- No re-valuation fee if you change to another panel bank
When you need a bank valuation
- Buying a home or apartment with a mortgage.
- Refinancing or switching lenders.
- Releasing equity from a property you own.
- Building a home with a construction loan, including drawdown inspections during the build.
- Buying land with bank finance.
- Commercial and investment property finance.
Why buyers and banks choose Plum
- Speed. We know a slow valuation can put a purchase at risk.
- Local evidence. Sales evidence from the Land Registry plus first-hand experience managing and developing property across Cayman.
- Clear reports. Written so your lender can approve without coming back with questions.
- All three islands. Grand Cayman, Cayman Brac and Little Cayman.
What Happens Next
- Send us the block and parcel, the lender and an access contact
- Fixed fee confirmed in writing, usually the same working day
- Inspection booked with you, the seller or the realtor
- RICS Red Book report sent to your lender within 2 business days of inspection
Your Valuer: Michael Treacy MRICS
Michael is a Chartered Surveyor and RICS Registered Valuer with 25 years in property, 16 of them in the Cayman Islands. He co-founded Plum in 2018 and also runs development and joint venture projects across Grand Cayman, so his valuations draw on first-hand knowledge of land, build costs and how the market really moves.
Michael carries out Plum’s valuations personally, so the person who inspects your property is the person who signs the report and the person you can call about it.
Contact Plum today
We would be happy to answer your questions and discuss our services.
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Frequently Asked Questions
The bank needs an independent opinion of market value to confirm the property is good security for the loan. It also sets how much the bank will lend against it.
No. Your bank will only accept a report from a valuer on its approved panel. Plum is on the panel of every Cayman retail bank.
The borrower normally pays the valuation fee, even though the report is addressed to the bank.
We will re-address the report to another panel bank at no extra charge.
The bank will usually lend against the lower figure, so you may need a larger deposit or to renegotiate the price. We are happy to explain the evidence behind our figure.
In most cases, yes. As the borrower you can ask your bank for a copy, or ask us when you instruct.