Mortgage valuation - advice / help needed

stanleyunwin

I've taken my initial response out as it was harsh.

Get a couple of quotes to do the roof and go back to the vendors with these.

I was buying a house a couple of years ago with a damp and roof problem. I underestimated the costs of these as did the surveyor.

The valuation came back as £2.5K under the sale price and without the work done.

Quotes for this work came in about £12-20K for the damp, and £7K for the roof.

I went back to the vendor to rengotiate the asking price and we asked for £10K off, which took us below the stampduty threshold of £250 saving us another £5K.

The Valuation didn't matter, it was the costs of the works that mattered in this instance.

posterfan

Thanks for that - do you thinks it worth raising the matter with the mortgage provider - i.e. tyaht I am unhappy with the valuation? or will my opinoin simply not be releavnt given that a qualified surveyor has valued it as £x

worried about harming the underwrting process