RICS RED BOOK VALUATIONS

As RICS Registered Valuers, we are instructed to provide formal valuations in accordance with the RICS Valuation Professional Standards for a variety of reasons to include:

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• Probate -we have experience of agreeing valuations with the District Valuer in the cases of contentious valuations for probate purposes.

• Taxation- valuations are required   for estate planning  and  for when transfers take place between connected parties.

• SIPP-we provide valuations for pension fund purposes which must be prepared at ‘arm’s length’.

• Shared Ownership-when a leaseholder wishes to acquire additional equity in their flat (‘staircasing’), the housing association will usually require an RICS valuation.