Our home was valued by a surveyor appointed by the NatWest at £550,000 in July 2010 in order to re-mortgage. We have subsequently spent in excess of £150,000 on extensive home improvements including a ground floor extension, We have just had another survey done (a differernt Surveyor but again appointed by the NatWest) for additional borrowing and he has valued it at £475,000! We contested this figure as it is clearly wrong and the Surveyor as increased it to £500,000. Obviously, we are still unhappy with the valuation - where do we go from here? The other problem we have that I did explain to the Surveyor, is that the last two houses that sold in our road are in no way comparable to ours as they are smaller, were in a state of disrepair and are from a different year. This situation has now of course affected our additional borrowing and I am not sure of our next course of action as the NatWest are saying that they will have to abide by the 'expert's' descion!
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