Common Problems
What if the mortgage valuation is lower than my offer?
Last reviewed: 3 October 2026
The brief answer
If the lender values the home below your agreed price, it may lend less. You might renegotiate the price, increase your deposit, ask your adviser about challenging the valuation or another lender, or withdraw.
In plain English
Lenders lend based on the lower of the price and the valuation. If the valuation is lower, the same loan-to-value means a smaller mortgage, leaving a gap.
Your adviser may be able to challenge the valuation with evidence of comparable sales, or explore other lenders. There is no guarantee of a different result.
Many buyers use the valuation as a reason to renegotiate the price with the seller through the agent.
Why it matters
A down-valuation can create a shortfall you must cover before exchange.
What to do next
- 1Ask your adviser for the valuation figure and options.
- 2Gather comparable sold prices.
- 3Talk to the agent about renegotiation.
Checklist
- Valuation figure known
- Shortfall calculated
- Options discussed with adviser
Official and independent sources
Related guides
This is general information, not mortgage advice. We are not authorised to recommend mortgages. Speak to an FCA-authorised mortgage adviser about your circumstances.