Recent content by vikash23

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    Buy to let new home low valuation £12,500

    Finally our appeal is approved. I for the valuation report in hand and I see a lot of mistakes in it. 1. Our house is terrace but it is mentioned as other 2. One allotted parking space but mentioned as 0 3. No garden in the property but mentioned as one garden space. 4. We have balcony but no...
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    Buy to let new home low valuation £12,500

    changing the lender would be second option. Else negotiate with the seller
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    Buy to let new home low valuation £12,500

    Agreed. Current priority is to get mortgage approved. Also planning to give via estate agent.
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    Buy to let new home low valuation £12,500

    Yeah, what ever. I don't know. But any how awaiting lender response.
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    Buy to let new home low valuation £12,500

    Great, so you walk from London to Edinburgh. Good. 😉
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    Buy to let new home low valuation £12,500

    Not owning 3 homes. First one I bought which is used property and I sold it and bought second one which is new property. So this one is third which is new again. Technically it's my second home. Regardless of how much we earn. That 2p added to a liter of petrol matters much to all of us
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    Buy to let new home low valuation £12,500

    Even if it is owner occupied the bank need to get rid of them. Not physically but by section 42. So what difference does that make with a tenant? Also for buy to let we pay 25% deposit. For personal.use its only 5%
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    Buy to let new home low valuation £12,500

    £160k
  9. V

    Buy to let new home low valuation £12,500

    Appeal will be the first and best thing as 6 other houses of similar type are sold with same price just 4 months ago. if our appeal fails then the negotiation.
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    Buy to let new home low valuation £12,500

    We can say whatever we like. It's the bank who decides. But still 12,500£ is huge. It could have be some 3k or 4k
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    Buy to let new home low valuation £12,500

    We are not getting any freebies from.the developed. Even the white goods and carpet we need to put. Total 12 houses are there and only 4 left for sold. All sold for same price and valualtion is success. Last one was sold 5 months ago. My mortgage advisor went for appeal stating the house...
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    Buy to let new home low valuation £12,500

    Yeah, my mortgage advisor went for appeal and awaiting decision. If the appeal fail we need to negotiate with developer or go for different lender
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    Buy to let new home low valuation £12,500

    Can't agree on this For buy to let its 25% deposit and high interest rate. Is it not enough for them ? Regardless of tenant or landlord living in the property bank cannot pull anyone out physically. Section 42 is required. So both are risk I see
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    Buy to let new home low valuation £12,500

    Its insane. This is my third home.first home is used no issue with valuation Second one brand new and no issue with valuation. Its our personal home that we live This one is third and brand new buy to let but valued lower.
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    Buy to let new home low valuation £12,500

    Hi, We are planning to get a brand new home and for some reason the valuator valued the property 12,500£ less than the seller price. Similar brand new property is sold in the same place with same price and valualtion is success with seller same price. People have moved in to that property. I...
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