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The Financial Times says the Isle of Man was one of the areas hardest-hit by surveyors marking down property prices last year.
An analysis by the United Kingdom's surveying company Esurv, says the number of times a surveyor instructed by a mortgage lender cut the estimated value of a property, following a mortgage application, was far above the British average.
The newspaper's data shows that, in the first half of 2011, down valuations on the Island were 30 to 60 per cent more common than in the United Kingdom.
By the end of last year, the figure rose to almost twice the national average.
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