Valuations by a Chartered SurveyorThere are many reasons why you may need a formal valuation by a Chartered Surveyor. These include: - Bank Valuation: When using property as surety against a bank loan, for instance a mortgage or loan facilty for personal or business reasons.
 - Probate Valuation: Valuation at the date of death of the property owner, to enable the executors to agree asset values with the District Valuer for tax calculation purposes.
- Capital Gains Tax Valuation: Required by companies, trusts or individuals when calculating tax liabilities.
- Matrimonial and Family Court (Expert Witness) Valuation: Required by The Court when calculating individual and family asset values.
- Insurance (re-building cost) Valuation: The cost of building insurance is partly based on the cost of rebuilding the property. This is not the property's Market Value.
- Leasehold Valuation: The calculation to ascertain the value of a 90 year extension to a lease.
- Enfranchisement Valuation: The calculation to ascertain the value of a freehold or share of a freehold to a leaseholder.
- Portfolio / Investment / Financial Reporting Valuation: Complex valutions for companies and large scale property owners, usually (but not necessarily) with commercial property holdings.
In each of these cases the valuation technique is different. Guidance and protocol is governed by the RICS "Red Book" that recommends correct procedures for Chartered Surveyors.  For whatever reason you require a property valuation, phone Woodward Chartered Surveyors for expert advice.
Woodward Chartered Surveyors, Harrow covering Middlesex, North West London, Hertfordshire and Buckinghamshire. Regulated by the Royal Institution of Chartered Surveyors |
