Independent Market Insight
We are experts in real estate appraisal in London and home counties, providing red book appraisal services to our wide range of clients. Our RICS registered valuers are able to value all types of residential and commercial properties for various purposes and prepared in accordance with the guidelines established by the Royal Institution of Chartered Surveyors and based on the latest version of the RICS Professional Standards (Red Book).
Our modern technological approach allows our clients to benefit from exclusive databases and valuation software to provide transparent, reliable, and timely valuation recommendations. Reports are tailored to the requirements of clients including commercial landlords, real estate companies, funds, lawyers and individuals.
We carry out valuations for a variety of purposes including:
Impartial Expert Advice
At Nicholas & Co, we are recognised for providing completely independent and impartial advice to our clients. When dealing with complex lease issues, regarding extensions or disputes, it’s important to seek expert advice from experienced professionals. Our team has extensive experience in all matters related to commercial and residential leasing, we have provided advice to landlords and tenants on all types of properties in the past.
We considered all aspects of our client’s tenure such as specific terms and conditions of the lease. We pay close attention to changes in cases and statutory laws that may have an impact on results. This information is used to provide professional opinions and suggestions to our clients and to reach agreement on appropriate negotiation strategies.
We assist clients on a variety of professional services including:
Our RICS Surveyors will help you choose the correct service and ensure that a report that meets your needs is delivered quickly and efficiently. A standard report is designed for most property types as and covers the main elements of the property with a Red, Amber, Green scoring system, focusing on defects and includes a valuation.
If you’re unsure which type of survey is right for you, you can speak to one of our RICS Surveyors members to help you make the right decision.
Reports typically delivered within 3 working days following the date of inspection. Same day report available at an extra cost, subject to terms.
The RICS Home Survey – Level 1
Choose this report if you’re buying or selling a conventional house, flat or bungalow built from common building materials and in reasonable condition. This service includes:
- A visual inspection that is less comprehensive than the RICS Home Survey – Level 2 and the RICS Home Survey – Level 3
- Clear ‘traffic light’ ratings of the condition of different parts of the building, services, and the grounds, showing problems that may require varying degrees of attention
- a summary of risks to the building, people and grounds and.
- an assessment of the relative importance of the defects and problems
The RICS Home Survey – Level 2 (survey only)
Choose this report if you need more extensive information whilst buying or selling a conventional house, flat or bungalow, built from common building materials and in reasonable condition.
The focus is on assessing the general condition of the main elements of a property. This intermediate level of service includes a more extensive visual inspection of the building, its services and grounds, but still without tests.
The RICS Home Survey – Level 2 (survey and valuation)
As the RICS Home Survey – Level 2 above but includes:
- the surveyor’s professional opinion on the ‘market value’ of the property
- an insurance reinstatement figure for the property
- a list of problems that the surveyor considers may affect the value of the property.
The RICS Home Survey – Level 3
Choose this report if dealing with a large, older or run-down property, a building that is unusual or altered, or if you’re planning major works. It costs more than the other RICS reports because it gives detailed information about the structure and fabric of the property. This service includes:
- a detailed visual inspection of the building, its services and the grounds and is more extensive than a survey level two
- Concealed areas normally opened or used by the occupiers are inspected if it is safe to do so (typical examples include roof spaces, basements and cellars)
- Although the services are not tested, they are observed in normal operation – in other words, they are switched on or off and/or operated where the occupier has given permission and it is safe to do so.