Valuation

A valuation report is a document that provides an estimated value of a property, usually for the purpose of buying, selling, or refinancing.

A valuation report is focused solely on determining the value of a property, while a homebuyer's survey provides a more detailed assessment of the condition of the property and any potential issues that may need to be addressed.

We offer a variety of valuation reports, including those for tax, probate and inheritance, help to buy, shared ownership, and purchase and sale.

The time it takes to receive a valuation report can vary depending on the specific type of report and the complexity of the property. However, we strive to provide our clients with timely and efficient service within 3-5 working days from our inspection.

A valuation report typically includes details about the property, such as its location, size, and condition, as well as an analysis of the local property market and comparable properties in the area. It also includes a final valuation figure and any assumptions or limitations that were made during the valuation process.

Yes, we offer valuation reports for both residential and commercial properties.

Our valuation reports are recognised and accepted by housing associations in the UK, making them a reliable and trusted source of information.

You can order a valuation report through our website or by contacting our team directly. We will work with you to determine the type of report you need and provide you with a competitive quote.

Help to Buy valuation is a property valuation required by the Help to Buy scheme, which is a government-backed initiative designed to help people buy their own homes. The valuation is necessary to determine the market value of the property and to ensure that it meets the scheme's eligibility criteria.

If you are using the Help to Buy scheme to purchase your home, you will need a Help to Buy valuation. This is because the scheme requires that the property meets certain eligibility criteria and is valued at or below the regional price cap.

An equity share valuation is a property valuation required when buying an equity share (or share of leasehold) in a property. This is a common arrangement in shared ownership schemes, where you buy a percentage of the property and pay rent on the remaining share.

You need an equity share valuation to determine the market value of the percentage of the property you are buying. This is important because it will affect the price you pay for the equity share, as well as the rent you will pay on the remaining share.

The process for a Help to Buy or equity share valuation is similar to a regular property valuation. An RICS qualified surveyor will inspect the property and provide a report detailing its value. This report will be used by your lender to determine the maximum mortgage amount they are willing to offer you.

The length of time it takes to carry out a Help to Buy or equity share valuation depends on a number of factors, such as the size and complexity of the property. Generally, it takes around 3-5 working days to receive the valuation report. However, this can vary depending on the surveyor's availability and workload.

A Help to Buy or equity share valuation report will detail the market value of the property and any factors that may affect its value, such as repairs or maintenance required. The report will also confirm whether the property meets the eligibility criteria for the Help to Buy scheme or equity share purchase.