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Mortgage valuation rejected
Comments
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His exact wording was that the developer's didn't own the access roads and that the owner could turn up and build on the roads at any point.
This came from the advisor from not the valuers0 -
But since that point a new development has been built using the same access road which is still in the process of completing the last houses0
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His exact wording was that the developer's didn't own the access roads and that the owner could turn up and build on the roads at any point.
So do you want to buy a house on a development where that could happen?
The mortgage lender seems to think it's such a big problem that they won't give you a mortgage. That sounds to me like an indication that perhaps you should run away from this property very fast.
(You really are drip-feeding information. It would have been much easier, if you gave all this relevant information in your first post.)0 -
They are doing you a favour, run away.0
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