What Happens If Your Mortgage Valuation Comes In Lower Than The Agreed Sale Price?

What Happens If Your Mortgage Valuation Comes In Lower Than The Agreed Sale Price?

  What If The Mortgage Valuer ‘Downvalues’ The Property?   One of the most common problems with mortgage valuations is when the surveyor doing the valuation for your bank or building society values the property lower than the agreed purchase price....
Mortgage Lending Property Issues

Mortgage Lending Property Issues

  Mortgage Lender Property issue #1               Lending criteria – the type of property In an earlier blog it was mentioned that some types of property are not acceptable to certain mortgage lenders. This should only be an issue in rare cases where buildings are of...
Disaster Scenario #4: MORTGAGE PROBLEMS

Disaster Scenario #4: MORTGAGE PROBLEMS

 Mortgage problemsThe most commonly encountered problems for home buyers relate to mortgage funding. There are two main areas where problems can arise and seriously hamper a house purchase – those relating to personal credit or income references (see below) and those...
How To Save Your Deal – With A Little Psychology

How To Save Your Deal – With A Little Psychology

  The Importance Of ‘Buttering up’Achieving a successful purchase isn’t just about money and lawyers. Applying a little psychology can make a huge difference to whether a transaction succeeds or stumbles at one of the many hurdles along the way.So it’s...