Valuations
Help to Buy Valuation
This is a report that advises on the value of the property for lending purposes and the rent that is expected to be achieved. Sometimes these are automated and do not involve a surveyor inspecting the property.
Matrimonial Valuations
When long-term relationships come to an end, there are often significant financial issues to resolve. Sometimes this can include the property you share with your partner. To protect your interest, getting a professionally prepared, independent valuation of the shared home to assess its market worth is recommended.
Capital Gains Tax Valuations
Usually, capital gains tax is based on the difference between what you paid for a property and how much you sold it for. You will need to obtain a market valuation for situations such as:
- Gifts: Based on the property value on the date it was gifted.
- Assets sold for less than their value to benefit the buyer: Based on the property’s market value at the time of the sale.
- Inherited assets: Based on the property’s market value at the time of the benefactor’s passing.
General valuations
Market valuations and buy to let valuations can be referred.
Insurance valuations
This type of report is similar to a building survey, and it includes a detailed analysis of the condition of the property and remedies. A defects cost valuation can be included by agreement. These reports are typically delivered within 7-10 working days following the date of inspection, although quicker times can be arranged by agreement.