Valuations
We undertake valuations on residential properties for many purposes:
- For sale purposes – some vendors like to have a professional valuation of their property before placing it on the market.
- For purchases – some buyers are in the fortunate position of not requiring a mortgage and therefore instruct a valuer to provide a valuation of the property to ensure the correct price is being paid.
- Probate – we realise that obtaining valuations for probate can be a distressing time for the relatives concerned, but we are experienced in these situations and handle the matter sensitively.
- Matrimonial – Valuations for matrimonial (divorce) purposes is, again, a sensitive issue, but we have acted as joint expert witness/valuers in many of cases of this nature.
- Staircasing – Leaseholders who own part of a property along with a housing association may require a valuation to enable them to either purchase a further share of the property, or to sell their share. Although we are on the panel of valuers for a number of housing associations in the South London and West Kent area, we are nevertheless independent of those associations.
A valuation report is fairly brief in its content, providing details in respect of locality, construction type, accommodation, services and a valuation figure.
A requirement of the Royal Institution of Chartered Surveyors (RICS) is that at least three comparables are obtained when producing a valuation. Comparable values are obtained through our extensive database, the Land Registry website and our many contacts within the local estate agents.
If you require a valuation for any other purpose than those listed, please do not hesitate to give us a ring to discuss your requirements.
