Property Valuation                                                                          ç Back

The purpose of an professional valuation is dependent on the clients requirements. These will obviously vary enormously but reasons for valuation is are listed below:-

1. Matrimonial divorce proceedings
2. Probate
3. Capital Gains & Inheritance Tax
4. Compulsary Purchase
5. Lease Extension
6. Enfranchisement
7. Property Aquisitions
8. Mortgage & Secured Loans
9. Rent Reviews & Lease Renewals
10. Building Insurance

The factors, which determine the value of a property vary enormously depending on the existing and proposed use of the land and/or building, current economical climate and interest base rates established by the Bank of England.

Purchasers normally require a mortgage (commercial or residential) which is secured against the property being purchased. Where properties are being purchased for investment purposes, the financial institutions arranging the loan may look for additional security such as other properties and/or assets that the borrower may have.

Identifying the true value of a property can be established in several ways, requiring complex valuation principles and calculations but importantly depending on the clients proposed use and the structuring of the borrowing will vary enormously.

The diverse and complex nature of property valuation is therefore undertaken by General Practice Valuation Surveyors. APA Property Services have experienced consultant Valuers who have a wealth of experience and knowledge in all areas of property valuation.

To simplify procedures for the Residential Homeowner the RICS have prepared a Homebuyers Survey Report, which is an inspection and report presented in a standard format suitable for modern properties of conventional construction. It focuses on essential and significant defects and problems, which are urgent, it is not intended to be a detailed survey or to incorporate or address the unusual or complicated issues and defects, which are common within older properties of unusual construction or indeed listed building.

The main objective of a Homebuyers Report is to provide a service to assist the prospective homebuyer to make a reasoned and informed judgement of whether or not to proceed with the purchase.

If your interested in a valuation submit your details here