46% of UK properties have been down valued since before Covid-19

46% of UK properties have been down valued since before Covid-19

Nearly half (46%) of buyers saw their prospective properties down valued by their mortgage lender, Bankrate UK research has found.

Buyers looking to purchase properties in Wales had the highest percentage of down valuations at 63%.
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Source: Property Wire



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An exceptional individual 4-bedroom detached family house, beautifully presented, set on a plot of just under third of an acre with a double garage. Featuring a superb 2-storey, 2-bedroom detached annexe with open plan living and delightful wrap-around gardens, this property offers versatile living.

At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

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