{"id":111570,"date":"2019-10-14T13:05:35","date_gmt":"2019-10-14T06:05:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-selling-a-shared-ownership-home-what-is-a-fair-price\/"},"modified":"2019-10-14T13:13:39","modified_gmt":"2019-10-14T06:13:39","slug":"were-selling-a-shared-ownership-home-what-is-a-fair-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-selling-a-shared-ownership-home-what-is-a-fair-price\/","title":{"rendered":"We&#039;re selling a shared ownership home \u2013\u00a0what is a fair price?"},"content":{"rendered":"<p>&#013;<br \/>\nThe housing association\u2019s surveyor seems to have priced about \u00a350,000 too lowQ We are currently in the process of selling our 40% share in a shared ownership property.The rules of the housing association are that we have to sell for the price a Rics surveyor sets. We had our valuation done last week by a local, recommended chartered surveyor and it came in at about \u00a350,000 less than what we were expecting. Now I know everyone thinks their house is worth more than it is, but we were actually being quite conservative in our estimates even though a comparable property in our development recently sold for \u00a385,000 more than our valuation. I rang the surveyor and argued my case, he then re-sent his report and overnight the valuation had increased by \u00a315,000. However, this is still significantly less than we had hoped. Is there anything that we can reasonably do regarding this or do we just accept it get moving? The housing association has one week left to find a buyer for our share then we can put it on the open market. The housing association rules state we cannot sell for more without the surveyor\u2019s agreement, so shall we risk putting on the market for more, in the hope he might agree? Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2019\/oct\/14\/selling-shared-ownership-home-fair-price\" target=\"_blank\">We&#8217;re selling a shared ownership home \u2013\u00a0what is a fair price?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The housing association\u2019s surveyor seems to have priced about \u00a350,000 too lowQ We are currently&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-111570","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-t1w","jetpack-related-posts":[{"id":133060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-share-our-survey-report-with-a-seller-or-were-they-cheeky-to-ask\/","url_meta":{"origin":111570,"position":0},"title":"Should we share our survey report with a seller or were they cheeky to ask?","date":"December 19, 2022","format":false,"excerpt":"\r It includes a list of problems but we have shared the risks section and need to book further assessmentsQ We\u2019ve recently had an offer accepted on a property. The survey report we had done includes a long list of problems that we weren\u2019t expecting including structural problems with the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fewer-developers-submit-bids-for-kai-tak-runway-plot-even-as-valuation-is-slashed-to-january-2017-levels\/","url_meta":{"origin":111570,"position":1},"title":"Fewer developers submit bids for Kai Tak runway plot even as valuation is slashed to January 2017 levels","date":"December 21, 2018","format":false,"excerpt":"\r The third residential parcel on Kai Tak\u2019s runway missed market expectations as fewer than expected developers submitted tenders, while one surveyor slashed its valuation of the plot to January 2017 levels because of downbeat sentiment, lack of full sea view and retail component. The 97,393 square feet plot on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-i-pay-a-fair-price-for-the-loft-space-above-our-flat\/","url_meta":{"origin":111570,"position":2},"title":"How can I pay a fair price for the loft space above our flat?","date":"September 3, 2018","format":false,"excerpt":"\r The freeholder has rejected a surveyor\u2019s valuation and seems to be taking advantage of us Q My husband and I jointly own a one-bedroom flat in Greater London on a long lease. There is a loft space above the flat, which is only accessible from our flat but isn\u2019t\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":165569,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-say-house-buying-at-risk-from-surveyor-down-valuing\/","url_meta":{"origin":111570,"position":3},"title":"Mortgage lenders say house buying at risk from surveyor \u2018down valuing\u2019","date":"November 22, 2025","format":false,"excerpt":"\r London and the south-east said to be worst affected, with valuations often coming in at 10% below the agreed sale priceAn increase in property down valuations, with some homes being marked down by 10% or more by surveyors, is \u201cturning deals and lives upside down,\u201d mortgage experts claim.Some believe\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-think-an-estate-agent-has-misled-me-can-i-recover-my-costs\/","url_meta":{"origin":111570,"position":4},"title":"I think an estate agent has misled me \u2013\u00a0can I recover my costs?","date":"September 10, 2018","format":false,"excerpt":"\r I wasn\u2019t told about the poor state of the roof when I asked why previous sales had fallen through Q I\u2019m in the process of purchasing a property and have had my offer accepted. I\u2019ve also just had a building survey completed that has highlighted serious issues with the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-expert-whats-the-easiest-way-to-buy-part-of-my-neighbours-garden\/","url_meta":{"origin":111570,"position":5},"title":"Property expert: What&#039;s the easiest way to buy part of my neighbour&#039;s garden?","date":"March 25, 2009","format":false,"excerpt":"\r Q My neighbour has agreed to sell a small piece of redundant land from his garden on the condition that he does not have to do any running around and that I pay him \u00a31,000 (which is a fair price).\u00a0 However, I have no idea how to start the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111570"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=111570"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111570\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}