Are Natwest surveys reasonable?

Bufger

Next week the house im buying will get a valuation from whoever Natwest uses to valuate properties in my area (driveby valuation in the west midlands). I have read recently that allegedly some lenders are asking surveyors to undervalue properties if they fall within the underwriters acceptance criteria but still could be a risk (or if they dont want to lend out too much). Also i have read that the surveyors have been undervaluing property for fear of being sued by the lenders if they lose out due to a repo and falling prices.

I may have nothing to worry about and i suppose i should just wait and see but i wanted to know how real this threat is. Does it seem to be a selective decision only happening to people that may be a slightly higher risk? do only certain banks or surveyors seem to be pulling this stunt?

Any information is welcome. Thanks in advance

unite79

You can read all sorts on this site, some true, others to be taken by a large pinch.

Lenders are being and have been over the last 24 months careful on valuations - but they are usually realistic - If its going to be a drive by - or is something out of the ordinary (Different from 10 others in the road - Tell the lender what is different, so the valuer knows - this seems to help.