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Conflict of interest?

By: Language: English Series: Valuer (ISVA) ; 61(8) October 1992, 11(1)Publication details: 1992Subject(s): Summary: Examines the current investigation by the Office of Fair Trading into the building societies` mortgage valuation panels which is covering four main issues, are independent valuers and surveyors being unfairly treated by mortgage lenders; is their a conflict of interest between firms which are members of a single conglomerate selling a property for a vendor and providing finance and the necessary mortgage valuation for a purchaser; should housebuyers be restricted by lenders in their choice of valuer and are they being deterred from commissioning the fuller conditional report or survey.

Examines the current investigation by the Office of Fair Trading into the building societies` mortgage valuation panels which is covering four main issues, are independent valuers and surveyors being unfairly treated by mortgage lenders; is their a conflict of interest between firms which are members of a single conglomerate selling a property for a vendor and providing finance and the necessary mortgage valuation for a purchaser; should housebuyers be restricted by lenders in their choice of valuer and are they being deterred from commissioning the fuller conditional report or survey.