Anyone recently used them for a House Valuation Survey Heard some bad feedback with them undervaluing peoples homes We are tied in with them, through our bank so no other option unless we move mortgage companies
I'm not surprised they're undervaluing, mortgage valuers got sued to buggery by lenders for overvaluing houses following the subprime crisis.
We are going through exactly same process and appealed, they wouldnt budge despite next door selling for 25k above their valuation of ours and ours has a conservatory and more parking. I have heard alot of issues with the certain bank and believe its to get you to pay higher rates. I wonder if they are on commision with the bank.
You won’t get a Bank to use an alternate surveyor. eSurv have to be able to provide three comparable sales within the area for a similar property. If they value it less than you think, you need to find the comparable properties to challenge them. I’ve seen hundreds challenged and one overturned. Other alternative, depending on the property / mortgage requirement is to use a lender who allows you to pay for a valued rather than a freebie... however, you could pay for one and get the same form eSurv would farm it out to. They have values all over the country who subscribe to receive the valuations.
They reported damp in the house we was buying so they out a 5k retention on our mortgage. To cut a long story short I spoke to the damp proofing company and they said the house had all new membrane fitted and a damp proof course within the last 10 years so there was no need for the work. The guy who was selling the house took them to court and won his case. Dodgy ********.