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Selling - Mortgage Valuation
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Hannie2805
Posts: 23 Forumite
Hi
I am in the process of selling my property.
I have had the independent valuer around (my flat is a part buy part rent property and therefore have to get them out first). The bad thing with them is they under value properties.
The have advised me to put the flat up for 265k however, I think it would sell for 300k. I'm allowed to put it up for what I want however, the only thing which worries me is when the buyers get their mortgage valuation done on my flat, it will be valued for less than 300k.
I bought the flat back in 2009 for 210k (was brand new back then) and from looking at house price calculator on nationwide, it should now be worth 310k (based in Croydon which is classed as Greater London).
Any advise? Should I put it up for 300k? Flats around my area vary from 250 to 310. The flat is in great condition.
Thanks
I am in the process of selling my property.
I have had the independent valuer around (my flat is a part buy part rent property and therefore have to get them out first). The bad thing with them is they under value properties.
The have advised me to put the flat up for 265k however, I think it would sell for 300k. I'm allowed to put it up for what I want however, the only thing which worries me is when the buyers get their mortgage valuation done on my flat, it will be valued for less than 300k.
I bought the flat back in 2009 for 210k (was brand new back then) and from looking at house price calculator on nationwide, it should now be worth 310k (based in Croydon which is classed as Greater London).
Any advise? Should I put it up for 300k? Flats around my area vary from 250 to 310. The flat is in great condition.
Thanks
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