Long-time homeowners coming to the end of mortgage deals are being forced to take more expensive loans than they had planned for because of lower-than-expected valuations on their properties.Surveyors are wrong-footing many households seeking mortgages with steep downward corrections in value, known as “down-valuations”. Continue reading…
Source : theguardian.com
Read more…How an excessively low valuation can leave you feeling really down