People who are buying our house aren't getting a structural survey done as they are putting a very large deposit down and the Bank aren't requesting it so they are only having a valuation survey carried out.
Question - when the valuation survey is done, does the Bank/Surveyor tend to "value" the house at what the borrower is paying for it rather than what they "think" it is worth? Just worried that valuation will be lower than what the people are paying for it (I doubt it but who knows in this market) and we will be gazzumped.
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Question regarding valuation surveys on property
5 replies
pgwithnumber3 · 01/02/2009 21:15
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