Hi all - i was wondering whether anyone could advise on the following situation. A friend and I had an offer accepted for a flat in London, however it all seems to be goinga bit pear-shaped. Our accepted offer is at about £540,000, and our lender has just valued the property at £475,000 - as such, the lender will only give us a mortgage in line with this £475,000 valuation. Now we're really not too sure about what to do. - the property isn't in the most upmarket location, and as such the valuer will base their valuation on local property prices (generally considerably lower than this place) - I understand that the estate agents can now put together a case highlighting other properties that have sold at a similar amount in the area, however I have no faith in our estate agents and am quite sure they'll tell the vendor that we couldn't get a mortgage together and hope for a cash buyer or that a future valuation will prove more in line with the asking price. - I also need to get this sorted fairly quickly as I'm pretty sure I'll only be able to get approved for a mortgage in the next few weeks. I work largely on a commission basis, which the lenders don't particularly like, and there's talk of this being switched to receiving no commission, but a dividend payment instead - therefore making me look even less attractive I believe. Also, the guy I'm buying the place with is on £18,000 salary (his parents are paying his deposit) I really like this property, and see that my only chance to get my foot on the ladder will need to be within the next month or so. Do you guys have any suggestions that will help me secure this place? Any help will be greatly appreciated!