www.iva.co.uk

Hi all. At the end of a 6 yr (nram) no i have to get house evaluation. Which company tends to valuate at a lower rate? Obviously i dont want there to be over 5%.
Thank you in advance

Get a local agent in and say you need to move so want a forced sale - they are usually lower. Have you checked property prices in your area?

Estate agents do tend to over value ( to give wriggle room in a sale) -- so tell them to value for a quick sale. If you are close to the trigger amount it might pay to get a paid for valuation (some IP's will allow this to come out of the IVA). £100 or so could save you 12 months payments !

When the valuer comes around, don't fall into the trap of tarting the place up for sale --- it needs to be run down !!! Point out defects and the lack of maintenance over the last 5 years.

You can get an initial idea yourself by comparing similar properties nearby, that have actually sold, on sites like Rightmove --- Look at the "sold prices" not the "for sale" prices.

Some firms will allow the cost of a valuation so avoid a 'free' one. Pay the valuer for their work and explain why you need the valuation and as Foggy says it could be money well spent.