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There has been a "significant" rise in homes being valued at less than what buyers have agreed to pay, the UK's largest mortgage advisers have said.

These "down valuations", by lenders, can mean buyers having to pay thousands of pounds extra, up front, to avoid the sale collapsing.

UK Finance said lenders, which it represents, were right to ensure property values were realistic.

Our reporter Rick Kelsey has been to meet those affected.