Summary
HOUSE sales and remortgages are falling through because some mortgage lenders and surveyors are deliberately undervaluing homes, according to estate agents.
The National Association of Estate Agents (NAEA) said properties were having at least 10% knocked off the value as lenders aimed to protect their investments in a falling market.See the full content of this document
Extract
House Sales Hit by Low Valuations
One major mortgage broker said around three-quarter...
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