Why Property Valuations Are Lower Than Expected (Understanding “Down Valuations”) In the property market, few terms create as much confusion as the idea of a property being “down valued.” At Watsons Chartered Surveyors, we hear questions such as:“Why has the valuer down valued this property?”“What can be done when a valuation comes in lower than expected?”These concerns are...
With the current state of Lockdown, the question of Desktop Valuations is once again coming to the fore. This has been an on and off debate for the last 20 years or so. This time it might have a significant impact with the amount of data that is available and the various techniques now available on a low loan to value and a simple mortgage valuation. Desktops are fine in a normal market, but in one...
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