It is important to bear in mind that a mortgage valuation is for the benefit of the lender and you may not even be privy to a copy of the report. A survey or private valuation is for your benefit ensuring that you understand and only pay what the property is worth.
You will be required to obtain a valuation when purchasing and/or selling under the Help to Buy Scheme or increasing your share of a Shared Ownership with a Housing Association. We fulfil all the conditions that are required in these reports.
We act for many local charities offering advice on property matters. In particular, we have carried out numerous valuations to comply with Section 119 (previously S36) of the 2011 Charities Act for both Acquisition and Disposition Reports.
In recent years, we have assisted Executors of Estates and Charities directly in the disposal of residential and commercial property by overseeing the sale of the property and advising on the most appropriate method of sale whether it be Private Treaty, Tender or Auction.
When someone dies, any land and buildings they own – or sometimes live in rent free – are part of their Estate for Inheritance Tax purposes. To make sure you get an accurate valuation, you should use a professional valuer. The valuation should reflect the value at the time of death.
We provide reports for litigation matters such as diminution in value and the extent of a surveyor’s liability. Matrimonial valuations are a common request, and these can be carried out for one party, or on a joint basis. Our reports are compliant with the Civil Procedure Rules.
An accurate Capital Gains Tax valuation could help you reduce your tax contributions and you will have the required evidence to challenge or raise a dispute.
We are able to provide back dated valuations for disputes and CGT purposes using our extensive database of information dating back to the 1970’s (covering the Bristol area).