Banks can choose valuers - Seretse

Responding to a question from the Member of Parliament for Bobirwa Shaw Kgathi on Tuesday, the Minister of Lands and Housing Dikgakgamatso Seretse said commercial banks appoint their own property valuers, like other professionals such as lawyers and accountants, using their own discretion.

"I am aware that some lending institutions insist that all applicants for loans should have the valuation of the properties subject to request facilities," he said.