mortgage. new valuation.

hello everyone ,hope you are all nearing the end of the messing about we have had to put up with. what l would like to ask is has anyone had there apartment revalued by an independant surveyer to see if the valulation is different from what you bought at and if you could rise more money towards the mortgage this way . l was told by an independent adviser you could get more money towards your mortgage this way and was just wondering if anyone had done this and what was the outcome. thanks for now good luck to everyone in the near future ....

to daz1

you can try an inderpendent  valuation but your mortgage lenders  will tell you only their valuation is what they go by .

our valuation in dec07 came out to the last euro to what the asking price we paid   over  two years ago was our lender told us their was no increase in value due to property slump so we asked about an  inderpendent valuation and were told it would make no diffrence to their offer.

the only way they would reconsider was if we could prove an apartment the same as ours  on same phase and block had been sold for more than original asking price .

and as no one has yet compleated this is not an option so theirs not much you can do they have us by th b.......lls