10:27 AM, 5th April 2015, About 7 years ago 23
Have you ever had that awful experience of learning that a mortgage valuer has down valued your property?
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I’m not going to start this thread by sharing what I do to help valuers to come up with the right figures, save to say that it is nothing dodgy of course. Hopefully there will be nobody suggesting that wads of cash will help!
I know for sure though that valuers do make mistakes, I also know why. They are human beings, just like you and I. They have targets to meet and they only get paid a tiny fraction of the money that borrowers pay to mortgage lenders in terms of valuation fees. Therefore, they have to turn things around very quickly if they are to earn a decent living. There are lots of things that can be done to help them to arrive at the correct figures so who wants to be brave enough to make the initial list of suggestions?
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