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  • @WjPrince

    We are in exactly the same situation, Foxtons valued us high, we agree offer and then the buyers mortgage company say it's worth £40k less. We were also told this valuation then sets a precedent for future buyers.
    In our case we have dropped the agreed value £5k and the buyer is swallowing the rest, if your buyers have their parents helping this might still be a viable outcome.

    I wonder if the government has leaned on mortgage lenders to low ball valuations to slow the market?

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