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Valuers will pay a high price for overvaluation

By: Language: English Series: Property Week ; 58(6) 14 February 1997, 20(1)Publication details: 1997Subject(s): Summary: The author warns that, despite the bad experiences of the 1980s, it is apparent that valuers are defying the requirements of the Red Book and overvaluing commercial property for loan security - ignoring the evidence of sale prices agreed on the open market.

The author warns that, despite the bad experiences of the 1980s, it is apparent that valuers are defying the requirements of the Red Book and overvaluing commercial property for loan security - ignoring the evidence of sale prices agreed on the open market.