Client feedback pressure and the role of estate surveyors and valuers

Abdul Rasheed Amidu*, Bioye Tajudeen Aluko, J. Andrew Hansz

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    32 Citations (SciVal)
    Original languageEnglish
    Pages (from-to)89-106
    Number of pages18
    JournalJournal of Property Research
    Volume25
    Issue number2
    DOIs
    Publication statusPublished (VoR) - 2008

    Funding

    The Nigerian housing sector, before the National Housing Fund (NHF) in 1992, was inadequately funded due to the persistent decline in the amount of mortgage funds allocated to the sector by most mortgage institutions. This decline in mortgage funding, according to Ajayi (1998), was attributable to the poor attitude of mortgagors towards loan repayment. Onibokun (1985) and Falegan (1980) also observed that borrowers, in the country, usually regard mortgage loans as part of their share of the ‘national cake’ or as a charity fund or even booty. Borrowers with this perspective did not feel obliged or motivated to repay debts.

    Keywords

    • Client feedback
    • Mortgage lending
    • Role perception
    • Valuation objective
    • Valuers

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