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My house has been down valued by buyers separate surveyor.

My house "was" sold and the buyers' surveyor has cleared the mortgage but they have had a separate surveyor come to the house. He has valued the house down by £22,000 and now the buyers have pulled out saying they will only negotiate around that lower figure. I have checked in the area and there are two extremely similar houses that have sold for around the figure we have previously agreed (what I feel is the market value). I am not able to see the report so have no idea what could have reduced the house price by £22,000. It was a big shock and has basically ruined the chances of us buying our next home. Is there anything that can be done? Cheers.

Asked on Jul 28 2016, House Prices in England | Report content

Answers (1)

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  • I’m afraid you have no comeback and no right to see the survey. It may be the buyers got cold feet and lied about it or just wanted a bargain. I’m afraid you are back to square one unless you renegotiate but that is up to you. - Jonathan :-)

    Answered on Aug 9 2016, Report content

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