RES Property Surveyors is a professional consultancy able to provide comprehensive property valuations for a vast range of situations. No matter what the objective of the valuation, you need to be aware of the state of the property and confident in your understanding of its existing value.
Whether you are purchasing a new home or need your property valued for a matrimonial case, the experts at RES will use their expertise and extensive knowledge of the London and South East property market to give you an accurate understanding of the property value.
What is a property valuation?
A property valuation is carried out to ascertain the current value of a property. Most typically, a property valuation is undertaken before the purchase. However, a valuation can be carried out for any number of reasons, including inheritance tax, staircasing and leasehold extension proceedings.
What do property valuations look for?
The property valuer will be assessing the building on a number of factors. These include the floor space, layout, surrounding amenities and extras like parking. A valuation attempts to determine the value of the property on that day and professional valuers will also take into account similar recent sales in the area in order to contextualise the value of the property.
Why is a valuation important?
Property valuation in London can be hugely important for those looking to buy property. House prices are not always completely accurate in relation to value so receiving advice from a qualified, professional valuer will give you a better understanding of the purchase you are about to make before you take it any further.
In addition, a professional valuation can be essential in proceedings such as matrimonial cases, Compulsory Purchase Order compensation and loft/roof conversion plans. The team at RES Property Surveyors Ltd are highly qualified and experienced in a wide variety of property matters, applying their knowledge of the market and the situation to the valuation for the most accurate, representative picture of the property.
What valuations do RES Property Surveyors offer?
RES have been instructed to undertake valuations in a wide range of matters. These include:
- Property sale and purchase
- Loan security
- Shared ownership
- Right to buy
- Help to buy
- Lease extension & freehold enfranchisement
- Reinstatement Cost Assessment
- Inheritance tax
- Capital Gains tax
- Stamp Duty Land Tax (SDLT)
- Compulsory Purchase Order advice
- Charity Act
- Overage payments
- Development appraisals
We are also often instructed on complex residential matters where specialist advice is necessary, such as:
- Marriage value
- Diminution in value
- Unlicensed/non-consented work
- Loft space, car parking and land/ransom strip scenarios
For advice on any of the above or to discuss your circumstances, get in touch with RES today.
Buying a House?
Make sure you are getting your money’s worth with an extensive, professional valuation from the team at RES Property Surveyors.