A standard property valuation is not a survey and will not spot any potential or current problems with the property. If you are getting a free valuation “survey” from your mortgage provider, this will not be sufficient to find any damp, window frame decay, roof problems, pest infestations, subsidence or building cracks. You should give us a call to look at getting a good value survey on the property directly, as we may be able to reduce the price you pay for the property, and save you having to pay to fix these problems later.
Valuations are very different from other types of home survey because the value of the property is mainly based on its location, current condition and size. We can provide valuations for the following circumstances:
Disputes over shared assets can be expensive to resolve in the court system if any settlement is based on a flawed valuation. You can prevent this by instructing an independent experienced surveyor to get a good valuation done yourself, instead of relying on a third party valuation. We can can provide an independent valuation, and a report that can be provided to the Court to assist with the judgement.
A valuation of an estate is often required for the purposes of assessing potential levels of inheritance tax. This valuation would be required by the Inland Revenue.
Tenants in social housing can often buy their properties from the Local Authority or Housing Association. Our surveyors provide tenants with a completely independent valuation in order to ensure the buying price is fair.
We perform valuations for a wide range of clients, including formal reports related to mortgages with banks and other financial institutions, where compliance with the RICS “Red Book” is required.
Often a Property Valuation is not suitable for your specific property, and we have a range of other surveys starting at £199 that may be more appropriate and better value for your specific requirements. Contact our friendly support team who will be happy to provide you with a telephone consultation, free of charge. Call us today on 01904 468881 to speak with a surveyor and discover which type of survey would be most suitable for you.
Our independent Chartered Surveyors can help you choose the right survey for your specific requirements. Call us and we'll explain the difference between the surveys, and offer advice on which might be best for you.
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