The valuation service we provide is perfect for help to buy schemes and shared ownership properties. Target HCA for example require a RICS valuation whether you are selling your property or just looking to pay off your government help to buy loan. We have made sure that our report complies with Target HCA requirements so feel assured that our Surveyors are compliant and will be familiar with the process ensuring the report won't delay your sale.
A valuation is needed for various reasons, perhaps for inheritance purposes, capital gains tax, marital split or if you just need to know that the price you are paying for a house is suitable.
The Report also includes an insurance valuation and informs you of any significant issues that could affect the stability of the property.
The HomeBuyer Report is an intermediate level report.
It incorporates a traffic light that is simple to understand and quickly highlights defects with each element of the property.
This allows you to make an informed decision on whether to proceed with the purchase from the perspective of an independent professional.
The report can also provide a valuation, if required, ensuring that the price you are looking to pay is in line with the properties condition. *
This is most suited to properties constructed since 1900.
* Additional fees may apply
The Building Survey Report is bespoke and ideally retained for larger properties, unusual or non traditional construction. Properties over 100 years old often fall into this category, but we will always provide free advice on which survey type to go for.
Our building survey also includes a valuation, which will include a rebuilding cost calculation, ideal for insurance purposes. *
* additional fees may apply.
You can expect that valuers will be adhering to official local advice and guidance, including any restrictions in place. This is likely to disrupt what is usually possible and mortgage lenders will have their own approach to managing this for the transactions they are financing. All RICS registered valuers are expected to practice in accordance with RICS requirements - this does not change. The RICS are providing guidance to valuers on an ongoing basis to support surveyors through the challenges of current uncertainty.
As official restrictions affect what surveyors / valuers can normally do, it is important to speak with your surveyor to understand what is possible. Individual firms will be assessing health and safety implications and will be able to advise on their approach.
We and the RICS are now advising caution with regards to valuations since the market is in a period of uncertainty and that it may remain this way for some time. It may be that in the current market, it would be more appropriate to encourage clients to opt for homebuyer reports and building surveys without valuations as the premium for carrying out such would deter a consumer from a having a survey at all. We would strongly advise that a purchaser should always have an in-depth knowledge of the property, so if your move is going to happen either way in this market, then please get in touch and we will help as much and as soon as we can.
Whilst surveyors are not considered essential workers, it may be that the reason for your survey is essential and in which case there may be mitigating circumstances; for health and safety reasons for example.
In summary, E Surveyors is considering each enquiry on its individual merits, including whether it would be safe for the surveyor or occupier for an inspection to take place or even whether it would be appropriate for such a request to be considered essential or appropriate to carry out. We have surveyors available who can discuss your requirements and advise as necessary.
Finally, please keep you and your family and friends safe by observing Government advice.