RICS Red Book Valuations
Our team of experienced Chartered Surveyors and Registered Valuers undertake RICS Red Book Valuations for individuals, accountants and solicitors for a number of reasons, including:
Taxation Valuation
We regularly undertake valuations for taxation purposes such as Inheritance Tax/ probate and Capital Gains Tax.
Help to Buy Valuations
Our experienced Valuers frequently carry out independent valuations for Help to Buy purposes in Cornwall. A Help to Buy valuation may be required if you purchased a new build property with a Help to Buy equity loan and now are looking to staircase or settle your equity loan.
Expert Witness (Valuation) reports
An Expert Witness Report is a report produced by an ‘Expert’ providing their professional, unbiased, and uninfluenced opinion in relation to a dispute and matter surrounding the Expert’s area of expertise and can assist in reaching a conclusion to a dispute or legal matter. In many cases, Expert Witness reports are instructed in relation to a property’s value; this could for matrimonial purposes where separating or divorcing parties cannot agree to the value of their assets but may also be instructed where a dispute or matter is alleged to have resulted in diminution in the value of a property.
Charities Act Valuations
Charites Act Valuations are required whenever a charity wishes to dispose of or acquire assets such as property. On disposal, the surveyor must first establish that the asset is excess to the requirements of the charity after which the best method of disposal to achieve the highest possible value for the charity should be established and valued. We regularly undertake such valuations both for acquisition and disposal.
What to Expect
The Valuation is a limited report and is used to guide individuals and professionals in the value of the property only. Whilst we do visit the property, a detailed inspection is not carried out and only major visible defects that would affect value will be noted. However, if you require a detailed inspection of the property then see our Residential Survey page.
Compliance
The Valuation and Report has been prepared in accordance with the RICS Valuation – Global Standards 2020.
Furthermore, we confirm that we are an RICS regulated firm and our Valuers are part of the RICS Valuer Registration Scheme (VRS). Please note that our files may be subject to monitoring under the institution’s conduct and disciplinary regulations.
