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MMC to investigate house valuations

Language: English Series: Financial Times ; 7 May 1993, 9 | Guardian ; 7 May 1993, 13 | Daily Telegraph ; 7 May 1993, 2 | RICS Press Release ; (99/93) 6 May 1993 (5)Publication details: 1993Subject(s): Summary: The Monopolies and Mergers Commission is to investigate the practice of lenders passing on the cost of mortgage valuations to the housebuyer. The issue of reciprocal business between lenders and surveyors will also be looked at.

The Monopolies and Mergers Commission is to investigate the practice of lenders passing on the cost of mortgage valuations to the housebuyer. The issue of reciprocal business between lenders and surveyors will also be looked at.