There are many reason why you may require the services of a professionally qualified Chartered Surveyor to provide a valuation report. In many cases the reports are tailored to the specific needs of each individual Client. The following are the most common types of valuation report requested: -
Probate or Inheritance Tax valuations are usually required when someone dies. The valuation is at the date of death and therefore sometimes may have to be referenced back to values some weeks or months earlier. The valuation can be used to present to HMRC to assess the level of Inheritance Tax which needs to be paid.
Matrimonial Valuation
In these days of high divorce and separation rates it is usually necessary for matrimonial houses or shared property to be valued to decide upon how assets will be shared. Many matrimonial valuations are, following "The Woolf" report, usually carried out by a qualified chartered surveyor, appointed by both parties in the divorce with an independent valuation report provided for and to the Court.
Insurance Valuation
It is important that your property is fully insured in the event of damage, flood, fire, etc. With access to the most up-to-date build cost data available, we are able to provide you with an insurance reinstatement value specifically for your property.
Valuations are undertaken in compliance with RICS guidelines, to ensure consistency in the level of reporting and understanding.
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