Don't kno where to start, but just that really. We've been looking for 8 months and our house is also under offer and processing.
We love the house we have offered on, it ticks nearly all our boxes in a way that others haven't come close too doing . In part that's becauce we're in an area (of London) where house foot prints are very similar. It's also in a tiny lane with no passing traffic and disproportionately big garden. There have already been a few bumps on the road to buying so far, but we have got passed them and each time has affirmed how much we like the house. We've also kept looking and nothing else has come in the market which even comes close.
However valuation has come in and will effect our LTV albeit the mortgage won't be significantly higher. I'm just having a major wobble about the sense of buying something which the bank has valued at so much less. Given the cost of stamp duty etc we're pushing ourselves so it's a forever house. We've already been back to the bank and they won't let us appeal it or give us any detail about reasons.
Heart is saying ho for it, head is saying it's too much of a difference. Has anyone else been in this situation ?
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Bank valuation just come in at 10% under our offer
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superheroslug · 22/06/2017 12:13
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