We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

House Valuations

2»

Comments

  • days
    days Posts: 13 Forumite
    good on her are you saying i should get another survey?
    who paid for the survey for your sister? did she get her money back ?
  • Milliewilly
    Milliewilly Posts: 1,081 Forumite
    I can't advise you onto whether to get another survey or not - but you would have to pay for it yourself and you won't get the money back for either survey even if the original is 'wrong' .

    If you post up why the property has been valued at 'Zero' you may get advice on whether to bother paying for another Survey or not.

    Both Surveyors will stand by their individual reports regardless of how different they are. I have experienced this first hand.

    Also in the case of my sister she had over 80% equity to go into the proposed property so I think it was easier to get NatWest to change their mind in that respect.
  • jamief
    jamief Posts: 303 Forumite
    Part of the Furniture Combo Breaker
    There is obviously some underlying reason why the value has come back as £0 (in this case, it means the lender will not lend on that property). Maybe you should try to find out the reason they won't lend on the property (non-standard construction? subsidence?).
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.