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Re mortgage - house valuations

TAF
TAF Posts: 47 Forumite
in Mortgages & endowments
Does anyone know how Nationwide up with valuations for re-mortgaging?? and how do I dispute their "valuation"??
Their valuation is not doing me any favours when it comes to LTV and its getting me a higher interest rate then my current standard mortgage rate!

Comments

  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Has your property been valued or are they using a desktop valuation?

    What do you think it's worth? What do they think it's worth?
  • Simon_gloster
    Simon_gloster Posts: 948 Forumite
    edited 22 May 2012 at 7:29PM
    TAF wrote: »
    Does anyone know how Nationwide up with valuations for re-mortgaging?? and how do I dispute their "valuation"??
    Their valuation is not doing me any favours when it comes to LTV and its getting me a higher interest rate then my current standard mortgage rate![/


    Absurd.

    Your challenging their index linked valuation? Prove to them 2 propertiea sold in your post code of near identical comparable in the last 3 months. If you cant then don't challenege them.

    Increase in floor area is likely to add value, anything else ie cosmetic in the current climate is worthless in terms of value but good in terms of resaleabilty
This discussion has been closed.
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