smallholdingsister's strivings

smallholdingsister

Hi Foxyloxy. Welcome!

7 weeks for me.

Today has been mental. Ponyplops escaped twice. Renaming her Houdini.

Purchase has been valued at 60k less than agreed price. Aarrgghh.

foxyloxy11

might work out well for you if they take less

smallholdingsister

The problem is they won't take all the land into account.

EatingTheElephant

Eak, is it still do-able with the lower valuation but at a higher LTV or a different lender that would appreciate the land? How frustrating.

Brodiebobs

aw no why dont they take land into account?? Surely that adds to the value?

We were told by the H@lif@x additional land would add value, we ended ul
p buying it cash on a separate title deed to avoid even costlier solicitors fee's but at some point it will added back and hopefully increase our mortgageable value!

smallholdingsister

They are silly twits. Land attached to the house surely adds value.

It will just cost an extra £16 a month. It will be interesting to see what the real survey (ours) values it at tomorrow.

Brodiebobs your house sounds fab.

CathT

Seems daft they don't factor in the land. Hope your survey takes it into account. Good to see things are progressing SHS.

smallholdingsister

Thanks Cath. I am being tipped for a promotion at work. I would rather not know that if I'm not goingcto get it though.

AlexLK

There can be problems with mortgage companies and land, I'm not surprised, unfortunately. Glad it won't cost you a lot and good luck with the potential promotion.

smallholdingsister

Thanks Alex. Can't sleep because election!