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RICS Valuations are recognised as having legal status, unlike those produced by estate agents. They carry more weight due to the stringent procedures that an RICS Valuation Surveyor must adhere to.
Not all chartered surveyors can carry out valuation work. An RICS Valuation Report must be completed by an RICS Registered Valuer.
Help to Buy Valuations
The Target Government Help to Buy scheme has helped thousands of people to buy their home, by offering a contribution towards the initial purchase. This means that the Government continue to own a percentage of your home. You may decide that you wish to buy back some, or all of the Help to Buy share of your home. If you do, you will need an RICS Help to Buy Survey (otherwise known as a Help to Buy valuation Report).
It is recommended that you have your valuation carried out by an RICS Regulated Company, such as CJ Bloor Property Consultants.
After a family member has passed away, their estate – money, property, possessions – will need to be valued so that a Grant of Representation (the legal right to deal with the estate) can be obtained.
The purpose of carrying out a professional probate valuation is to:
For more information on probate valuations call CJ Bloor Property Consultants today.
Are you thinking of selling your property and would like to know its current market value before making a decision? It is after all the largest financial transaction that you are likely to be involved in during your lifetime.
CJ Bloor Property Consultants offer a fast and independent property valuation service and with our Price Match Guarantee, you can rest assured that we are competitively priced.
A matrimonial valuation will provide you with an accurate value of the property, which you can then take forward with your separation proceedings. The valuation can be undertaken on behalf of one of the parties, or alternatively, both parties can jointly instruct a Chartered Surveyor to undertake a valuation of the property. We understand that separation proceedings can be stressful and complex time. At CJ Bloor, we pride ourselves in ensuring the valuation is as straightforward and time effective as it can be.
Pension Fund Valuations
If you’re moving your property into your investment fund such as a SIPP, you will require a valuation of your property as part of the process.
CJ Bloor Property Consultants have experience is handling these matters discreetly and efficiently.
In the UK, there are three common approaches that are likely to be adopted when valuing residential and commercial property:
Market Approach – This approach adopts the principle that the value of one property may be derived by comparing it directly with market transactions for similar properties. It is widely used in the valuation of residential, rural and commercial real estate and is sometimes used for the valuation of land and other real estate assets.
Income Approach – The income approach is used to value real estate that produces an income for the investor. There are two methods that fall within the income approach: the investment (or income capitalisation) method and the profits method. In the conventional investment method, the value is derived from the net rental income and a capitalisation factor based on the expected annual rate of return. These are both normally established using comparable evidence.
Cost Approach – The cost approach, also known as the depreciated replacement cost approach, is used to value real estate that does not usually sell on the open market (for example, public buildings), and for which comparable evidence does not exist. In some jurisdictions the cost approach is used for proposed or recently built properties. This approach is based on two components: the depreciated cost of the building element and the value of the land. Figures for both these components will be obtained from comparable evidence.
Being regulated by the Royal Institution of Chartered Surveyors (RICS), means we can be trusted to deliver the highest standards of service, at the lowest possible price.
Our aim is to be the best RICS Valuation provider in the industry.
If you receive a lower quote from another company, send it to us, and we’ll match it.
An RICS Valuation Report must be completed by an RICS Registered Valuer.
We’ll confirm the price by text message, and offer you a time and date for an appointment.
If you would like to proceed, just reply “YES”.
There’s no obligation, and we never pass your details to third parties.