www.iva.co.uk

I am still confused about getting valuation on my property, I owe about 56k mortgage and houses around my area going for about £65k if I say to estate agent "quick sale price" will they ask questions, and do I mention IVA??

Hi, I never mentioned the IVA but I did tell a white lie as to the reason we required a quick sale so it had to be sold quickly. They sent a selling pack with valuation to my email and then I told another white lie said my circumstances are now different and no longer wished to proceed. Didn't enjoy it but was necessary at the time.

I would tell them about the IVA and pay for the valuation. You then get what you need and the agent is not wasting their time.

We are fast approaching this stage.

Michael, how much is it for a valuation, approximately?

I'd rather do this than be hounded by estate agents asking if we are selling.

Hi

Ask your IP if they will accept an online valuation such as Zoopla

Regards

Most valuations can be done for about £100 plus VAT. We allow the cost to be deducted from the next IVA payment so ask your own IP if they operate the same way.

100 quid! Jeez! I can't even afford a haircut, never mind that

I'll ask about Zoopla and while I'm on I'll ask if they do the deduction thing as well.

Thanks!

Aren't Zoopla valuations considered to be way over the top ?

They can go either way, SFA, depending on what property you are in and what's around you. They will not take account of dilapidations and such like.

You can easily look yourself and also compare prices on Rightmove. See how it feels.

If you are close to a de minimis figure saving £100 on a survey might cost you an extra 12 months payments you didn't need to make.

I recently got a valuation from a local estate agent.

I told them that I am in a situation whereby I MAY or MAY NOT have to sell my house, and so needed a quick/forced sale valuation.

I asked how much they would charge me as I may not have to sell, but the particular agent I used made no charge.

After they came to view, they sent a scanned letter head with their valuation via email which I forwarded on to my case manager.

The cost, had they wished to charge, was £125 + VAT.

For the hell of it I ran my own property through Zoopla, a modest, 2 bed semi with garage.

Estimate £163,337 (guide range £152,451 - 174, 223), with a high confidence.

I happen to know an identical house, 2 doors down recently sold for £149,000.

Zoopla massively over-value my property. I'm in a one-bed flat which was bought nearly a decade ago for £150k. Zoopla reckon it's worth £196k but there are no other one-beds similar on the market for anything over £180k. I reckon it's probably worth £175k at best.

I wouldn't trust Zoopla's pie-in-the-sky numbers!

Zoopla has our house valued at £250,000 but the local estate agent we used for our 'equity release' gave a valuation of £190,000!

Zoopla have our place spot on. Probably 2-3k lower than elsewhere tbh. They do however, have our friends place at the opposite end of the village about 25% higher than the estate agent had recommended.

From what I can see DFD accept a Zoopla and online valuations - they also get select to carry our a validation of the property too.