[simonjs]

Hi,

Hoping you can help.

I'm about to purchase a property for 150,000 euros and have secured finance for 80% so 120,000 euros

The lender has instructed a valuation - can you tell me what the criteria is for their valuation, what are they looking for?

Also, is the finance from the french bank based on loan to value or loan to purchase price?

Once the valuation has been agreed, say for example 150,000 is the seller then allowed to for example lower the sale price on the compromis?

Finally, is it the notaire that requests the borrowed funds from the lender?

Thanks in advance!

S