My mortgage deal is due to expire soon. A couple of months ago I enquired with first direct what valuation they would put on my property. I was advised it was £174000.
I have just come off the phone to them and been told my house is now valued at £161000.
Despite my best efforts the advisor kept referring me to their valuation calculator without giving me any concrete reason for the change. Can anyone else enlighten me about what the reason could be for these wildly differing figures? As far as I know the HS2 route has not been diverted to run through the suburb of Sheffield I live in.
I have just come off the phone to them and been told my house is now valued at £161000.
Despite my best efforts the advisor kept referring me to their valuation calculator without giving me any concrete reason for the change. Can anyone else enlighten me about what the reason could be for these wildly differing figures? As far as I know the HS2 route has not been diverted to run through the suburb of Sheffield I live in.