We live in a block of flats (Shared Ownership) which was damaged in a storm last autumn - basically the insuating layer of a small part of the building came away from the building. For the past year there has been ongoing conversations with the insurance company - initially they refused to pay. Now agreement has been reached and a contractor appointed by the Loss Adjustors. Work is due to commence shortly to repair the damage.
In the meantime we are looking to remortgage and expect a valuation on the property shortly. Will the fact the storm damage is not fixed affect the valuation? The damage does not affect our flat - we live on the 3rd floor and the damage is at the ground floor level.