RICS Valuation Report
Valuation by RICS Registered Valuers
A property valuation provides you with the market value of a house or flat. The market value is how much a buyer is willing to pay or the amount a seller is willing to accept in the sale of a property. It serves as an essential guide for making informed decisions in buying, selling, or refinancing.
The Process
A RICS Registered Valuer inspects the property to assess its condition, size, and layout. This is followed by a market analysis of similar recently sold properties in the area, with adjustments made for any differences. Based on this, a valuation figure is determined and presented in a professional report.
Purposes
Why you may need a RICS Valuation Report.
Help To Buy
Valuations
If you are selling, remortgaging, or simply paying of the Government's Help to Buy loan, a Valuation Report by a RICS Registered Valuer is necessary. Reports are prepared taking in account Target HCA’s requirements.
Fixed Price
Shared Ownership
Valuations
Like Help to Buy, if you are selling or buying more shares in a Shared Ownership property, a Valuation Report by a RICS Registered Valuer is necessary. Report are prepared taking in account the third party (usually a Housing Associations) requirements.*
Fixed Price
Taxation
Valuations
Where Capital Gains Tax is payable, usually following sale or gifting of a chargeable asset, a Valuation Report would be required for a given date. This would be used by your Accountant to calculate tax due to the HMRC.
From
Probate
Valuations
Required following a bereavement in order to determine an accurate property valuation. The valuation is usually as of the date of death, although a Current Market Valuation can also be included.
From
A Standard
Valuation
You can opt to get a standard Valuation Report if you simply wanted to know what the current market value is for a property. This is particularly useful if you are looking to buy a property for cash, or selling your own property.
From
*Although all our reports follow the strict RICS Global Valuation Standards, some Housing Associations may require you to use a select few companies from their panel of companies. Before instruction, you should at first instance check with your Housing Association.
Key Benefits
Why Choose Us?
Pricing
Our fees are fair and transparent, reviewed often to stay competitive.
Turnarounds
Reports are usually delivered within 3 working days, often even quicker.
Included
Clear images are included of the front, rear, street scene and internal rooms.**