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Errors in valuation report

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We have had a valuation report from the bank which has stated the building has a steel frame when it is definitely a concrete frame.

The bank say we have to wait for the decision to come back from the underwriters before we can challenge it but that a steel frame will carry a minimum LTV of 20%. This wouldn't be possible for us and so this issue is causing much concern!

It is a very frustrating process for something which should be clear cut.

Has anyone any advice/experience in dealing with this kind of issue?

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