Our valuation services
We provide a full range of valuation services, from basic mortgage valuations to historic valuations that help you calculate your capital gains tax.
Our experiences team can value and report on any property, and we work hard to make sure the process is smooth and efficient.
We offer six different types of valuations:
- Mortgage
- Insurance
- Matrimony
- Probate
- Tax
- Retrospective
Mortgage valuations
When you take out a mortgage, your lender will ask for a mortgage valuation. This is a basic inspection to reassure the lender that the property offers suitable security for the loan.
A mortgage valuation looks at things like a property’s size, location and age. It isn’t a detailed review of its condition. If you want more information on the physical state of the place you’re buying, a homebuyers report or full building survey might be what you need.
Insurance valuations
An insurance valuation estimates how much it would cost to rebuild your property from scratch.
The calculation is based in using modern materials and techniques, and includes costs such as site clearance. It forms the basis of your buildings insurance policy.
Matrimony valuations
A matrimonial valuation is used in divorce or separation proceedings. The Court will use this valuation to achieve division of assets in matrimonial disputes.
Probate valuations
When someone dies, the executors of their estate will often need a valuation of the property they owned. Probate valuations, as they are called, are then used to calculate inheritance tax.
Tax valuations
Working out how much capital gains tax you need to pay on a property can be complex, especially when you sell property you have owned for a long time.
Our tax valuation service puts a historic value on your property, making self assessment for capital gains tax easier.
Retrospective valuations
These are carried out when there are claims of a surveyor having valued a property too highly in the past.
They are requested by a solicitor acting on behalf of banks and lenders and are used to defend allegations that a repossession property has been over valued.
To find out more about any of our services, or to arrange a valuation, call us on 0800 328 8898 or send us an email.
