Low values checked
Low values checked
- 1993
- Building 258(7784) 5 March 1993, 7(1) .
Following criticism by the HBF of surveyors undervaluing new homes by 5%, the Council of Mortgage Lenders and the RICS have promised that valuers will ensure they use appropriate comparable evidence on sale prices in making valuations.
COMPARABLE EVIDENCE
NEW HOUSES
UNDER-VALUATION
Valuation
Following criticism by the HBF of surveyors undervaluing new homes by 5%, the Council of Mortgage Lenders and the RICS have promised that valuers will ensure they use appropriate comparable evidence on sale prices in making valuations.
COMPARABLE EVIDENCE
NEW HOUSES
UNDER-VALUATION
Valuation