Buying or selling, you should know the worth of the asset
We are Registered Valuers. This means we are approved by the RICS to prepare “Red Book” valuations. We undertake valuations for a variety of reasons. Here are some of them:
Most buyers of residential or commercial property will require finance; a mortgage, a bank loan or assistance from a trust fund; they will all need a Valuation Report.
You may want to sell your share in a property or simply to know whether the agreed price is correct.
Knowing the current value of a property and/or establishing the possible value after extension or modelling is essential in decision-making.
Divorce, partnership disputes, HMRC Investigations and many more situations give rise to the need for a
When a property owner dies, a trustee may be required to provide a valuation on a private dwelling or commercial property to the Valuation Office, nowadays this is known as an
Inheritance Tax Valuation.
Leases are a wasting asset and it becomes difficult to sell when the remaining term of years falls below a certain level.
The freehold can also be purchased by the lessees collectively and this is known as ‘enfranchisement’.
To exercise your right to acquire the freehold or extend a lease, you will need advice as to the premium payable in accordance with the legislation.