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  • Got my lender valuations back and it is 10% less than my offer. Frankly I am dumbfounded, as my offer was asking price, and I actually think the house is worth more than asking given market comps.

    I assume trying to persuade my lender (HSBC) that their valuation is miles off is not going to work, so what are my options? Anyone have experience of lenders who take a different view of valuations?

  • Speak to the agent first. There's a good chance they'll have a good relationship with the surveyor and will be able to change their val with a list of comps etc. I used to see this quite a bit and it was very rare the surveyor wouldn't budge.

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