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!
Under valuation
sekarsubramanian
Posts: 1 Newbie
Hi,
We have received a re-mortgage offer from a bank which is favourable. We needed 300k and the bank has agreed to lend us at a favourable rate but they have undervalued the property by minimum 25k. Would this valuation affect us in the future or this is something we can ignore? grateful if you could advise…thanks
We have received a re-mortgage offer from a bank which is favourable. We needed 300k and the bank has agreed to lend us at a favourable rate but they have undervalued the property by minimum 25k. Would this valuation affect us in the future or this is something we can ignore? grateful if you could advise…thanks
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.3K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards