Posts tagged as:

Valuations

Lenders and surveyors debate new-build valuation scams

The Council of Mortgage Lenders and the Royal Institution of Chartered Surveyors have begun talks to deal with reports of over-valuations on new-build properties, following a move by some mortgage lenders to pull out of lending on new developments. At the beginning of December The Mortgage Works announced that it would no longer accept any [...]

Property Nightmare: taking a fall in value

Falling property values brought about by the recession in the 1990s may seem like a thing of the past, but when Richard and Carol Odendaal came to sell their four bedroom home they found themselves out of pocket, writes Christopher Browne. Read more:

Who wants to buy a new home now?

A brand new home loses value the moment someone moves in. Any loss is recovered during a boom – but in today’s stagnant market, homebuyers could be in for a nasty shock. Read more…