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VALUATION OF PROPERTY

from (stephen.pooley@ntlworld.com)
This is just a stab in the dark really but could anyone please answer our query regarding the valuation of a reposessed property prior to sale.

The "Statement of account FACT(ha!ha!) sheet" supplied by DLA/A.Nat states that TWO independent valuations are carried out to determine the condition and value of the property.

We would like to know if having TWO valuations carried out was a statutory requirement at the time of our repo 93/94, it appears from our "completion statement" that we have only been charged for one.

All answers much appreciated.

Steve Pooley

p.s. We have already asked for the docs, no reply yet.

(posted 8542 days ago)

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