Ridiculously undervalued

Countrywide Surveyors
★☆☆☆☆
1.3
8.0% of users recommend this

LeilaniKelly's review of Countrywide Surveyors

“Ridiculously undervalued”

★☆☆☆☆

written by LeilaniKelly on 20/04/2017

Recently tried to remortgage with Nationwide and they sent Countrywide to carry out the valuation. The valuer turned up with an attitude problem and was really aloof. He spent absolutely ages, heard of people having drive-by valuations on a remortgage. Well anyone would think this guy was carrying out a structural survey because he was so long. He was ages in the loft and it was a new roof 8 years ago so not like it was in poor condition. Eventually he left and then a few days later I got a call from my broker saying the house had been downvalued by £10,000 and accordingly my loan to value would increase so I would pay a higher interest rate. Apparently he didn't mention any problems on the valuation so I can't understand why the low valuation. The only thing I can think is that a couple of houses nearby recently sold for lower prices but they had been occupied by elderly people and were sold as needing refurbishment and modernisation. I told my broker not to accept the Nationwide offer and we found another mortgagee who thankly didn't use Countrywide and the house was valued at its true worth.

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