Tag: Barclays Conveyancing Panel
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Barclays Conveyancing Panel Frustrated by Restrictive Valuation Appeals Process
Barclays will no longer allow valuation appeals unless there is more than a 25% gap between the borrower’s estimated value and the value provided by the surveyor. Under this new rule, for example, a surveyor could value a £200,000 house at £151,000 and no appeal can be made. Previously Barclays had no restrictions. In an…