What is a Property Valuation?
House Valuations by Taylor Surveyors
If you are buying or selling property be it commercial or residential your first question will always be, ‘How much is the property worth?’ You need to know this to be able to set a realistic budget, arrange your finances, and ensure you get the best possible property deal for you and your circumstances. Getting the right price for your property by engaging a Chartered Surveyor regulated by the Royal Institution of Chartered Surveyors (RICS) from the outset is key to closing that deal. We understand and know the commercial and residential market in your area, and can help you make a sound financial property investment decision.
What is a Property Valuation?
A property valuation is a financial assessment that is carried out to estimate the current market value of a property. The assessment is based on a number of factors, for example, the location of the property, its structure, condition, and the value of similar properties in the area. Property valuations are carried out by trained Taylor Surveyors or estate agents.
Can I just get an estate agent to do it?
You may think, why pay for a Chartered Surveyor to value my property when an estate agent will do it for free? This is of course an option, in certain cases, you would be well advised to get property valuations from these independent estate agents. However, when making significant financial decisions, the experience and expertise of Taylor Surveyors ensure there is a more thorough and accurate investigation into all factors affecting your property valuation including quality, structure, and cost of future improvements to make. This gives you a firm foundation for your property investment decision.
Why might you need a valuation?
Aside from buying and selling residential homes or commercial properties there are other reasons why you might need a property valuation. These can include property valuations for probate and tax calculations, shared ownership, matrimonial valuations and help to buy valuations. These situations require an accurate, reliable and professional service, and are best served by engaging a Chartered Surveyor.
What is a Red Book Valuation?
Some property valuations need to be Red Book valuations, such as those for loan assessments by some banks and building societies. These have to be carried out by Taylor Surveyors. A Red Book valuation means a property is valued in accordance with the mandatory rules and best practice guidance of the Royal Institution of Chartered Surveyors (RICS). It means you can rely on the property valuation.
How can Taylor Surveyors help?
You can trust Taylor Surveyors to accurately value your property across London, The Home Counties and The South East. We know how important it is to get the best value for your money and to get the right deal. We offer professional intelligence as well as methodical calculations to help with all of your property valuations.