My partner and I are in the process of buying a two bedroom apartment in a block of flats. Everything was going smoothly until the mortgage valuation.
The lender’s surveyor came back saying the building the flat is in has an ‘adverse high-density rental ratio’, which apparently means there are too many rental flats in the building and they think this could make the flat less sellable in future.
The estate agent has suggested we try our luck with a different bank. But should we just be walking away?
It seems to me the only thing affecting any future sale is the bank
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