Rising Home Down Valuations: A Concern for Buyers and Sellers?

The UK housing market is facing a surge in down valuations, where lenders assess a property’s value lower than the agreed sale price. This creates friction between buyers, sellers, and mortgage providers, raising questions about the fairness of the valuation system. The podcast delves into how these discrepancies affect transactions and whether the current process serves all parties equally.

Beyond housing, the discussion highlights the premium prices for homes near top-rated schools, with new data showing increasing costs in these areas. Savings advice is also addressed, noting that recommended amounts vary by age group—from three to six months’ income for some, up to one to three years for others. The economic influence of celebrities like the Gallagher brothers is humorously dubbed ’Oasinomics.’

The episode concludes with a debate on the legality of supermarket self-checkout cameras and encourages listeners to subscribe and share their thoughts. The podcast is available on major platforms, including Apple Podcasts, Spotify, and Amazon Music, with an archive and reader comments on This is Money’s website.

home valuationmortgagesreal estateproperty marketUK housinglendersbuyerssellersfinanceproperty prices