000 01164cab a2200181 4500
001 ##L131903
008 051215n2005 000 0 eng u
035 _a(Sirsi) u131903
041 0 _aeng
100 1 _aBarnard, Lucy
245 0 0 _aValuations that mean buyers are flat broke
260 _c2005
490 0 _aEstates Gazette
_v(0549) 10 December 2005, 52-55(4)
520 _aLooks at the strained relations between RICS and the Council of Mortgage Lenders (CML) who claims that RICS-accredited surveyors are miscalculating the values of new-build flats, leaving both lenders and the public out of pocket. CML is complaining that this situation has not yet been addressed by RICS and other key bodies. Mortgage Works, a specialist mortgage lender of the Portman Building Society, is stopping all lending on new-build buy-to-let properties because valuation in the sector is more of an art than a science. Considers the position of the valuer and how fraudulent valuations work with undeclared incentives undermining transparency.
590 _aIKA030106
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY APPRAISAL AND VALUATION
942 _n0
999 _c76287
_d76287