New Home Valuation- Independant Valuer

skyjumper

how do i go about getting an independant valuation of the property- what to look for in a good independant surveyor. i did google and they are quite a few of them in the market.

i mean i don't want someone to do a @detailed@ survey and then agree to the property price which was on last year this time.

thanks
any advice?

rugbygirl27

skyjumper wrote: »

Jo/e Lender might say "thank you very much for the info but we would rather enjoy the business of the original mortgage amount and profits that brings. Makes no financial sense to us to reduce the mortage amount especially as we have a contract in place now. Unless you are telling me that there is a risk you might default and if/when we repossess the house we won't get all our money back. "

Exactly what was told to me. They are happy with the previous survey and is not ready to make another evaluation of the flat, even though i was ready for paying any expenses incured..

but they offered me that, as now the circumstances have changed, if i pay them £70 they will do a re-inspection, but I won't be able to get to see the results/reports. how nice right. it will entirely for their purpose only and will then come back to me if they find anything different from the last evaluation, but again will not be able to give me anything in writing for my benefit.

I'm tempted to go on with an Independent Survey and take the results to the builders.

rubygirl27, i don't thingk the solicitors have to tell/ warn us anything- it's a informed choice you make at the time when you commit to buy something.
i mean no would have complianed if the prices went up by few 1000 pounds while you were aitinbg for completion after exchange right - guys correct me if i'm wrong

That's true but in this situation the only person who loses out is the buyer. House builders have been making a killing for years but now the crunch is on it's we that suffer first.

skyjumper

rightly said rugbygirl

SquatNow

rugbygirl27 wrote: »

That's true but in this situation the only person who loses out is the buyer. House builders have been making a killing for years but now the crunch is on it's we that suffer first.

Actually, they haven't as they've been paying over-the-odds for the land.

The land speculators who sold them the land have been making a killing.

skyjumper

i do agree, but eventually it's the home buyers who suffer at the other end