Qualified advisers answering your
Financial Questions
call 0800 092 1245

How Safe Is Your House Valuation?

As the UK property sector comes under pressure from a whole raft of reports claiming that the sector is ‘doomed’, how safe is the valuation of your house?

Many home owners who are edging ever closer to negative equity and financial troubles are looking to obtain an up to date valuation of their homes for their calculations. However, there is a growing concern that with the market falling so quickly it is becoming more and more difficult to value homes and property. There are also concerns that while in the good times the estate agency sector may have been ‘generous’ on the price upside, knowing a sale was highly probable, some house valuations of late may be a little more downbeat. Is there a human factor in the valuation process?

While many will argue that houses are priced to ‘go’ whatever the state of the market, the bottom line is that homes up for sale at the moment may attract below ‘market value’ bids because of the ‘distress and desperation’ factors. At the end of the day it does not really matter about the book price of your home, it is only the price which buyers are willing to pay which is important.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details