Down Valuations UK: What Really Happens Behind the Scenes
About this episode
The episode discusses the emotional and financial implications of down valuations in property investment, particularly in the UK.
#307 Picture the scene. It's a Tuesday morning in Hong Kong. March 2023. I'm checking emails and there's one with the subject line: Valuation report attached. My stomach churns — exactly like A-level results day. We'd spent months refurbishing a block of four one-bed flats bought at auction. We needed a specific number from the valuer to move the deal forward. I open the attachment. Scroll straight to the bottom, the way you always do, skipping past the caveats. The figure is £20,000 short o...
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