Massive LTV increase right before remortgage. Help!

Hoenir

fergie_ said:

The papers over the weekend had lots of stories about similar down valuations. Basically the valuers are now being overly cautious to protect themselves from the lenders.

Surveyors provide a professional service to lenders. Lenders won't use the firms for long if valuations provided for lending purposes aren't conservative and in accordance with the instructions given . Valuations will reflect the trends identified in local markets.