At Southview Surveyors we can provide two
types of survey, these are explained in more detail below. If you
are purchasing a property you will have the peace of mind that you
are instructing an independent firm with a qualified Chartered
Surveyor, providing an unbiased and impartial opinion.
We offer independent valuation services for all types of
residential and commercial property. We prepare professionally presented valuation reports for
a variety of purposes.
Valuation reports
are different from surveys, and are produced specifically to check
that a property is valued correctly. The two main types are:
Mortgage Valuation
This is a brief report prepared for banks and building societies when they are
considering giving you a mortgage. It tells them if the property they are
planning to lend you money for is worth the price you are paying for it.
Because the valuation doesn’t specify the condition of the building and will
certainly not flag up any defects, you should not decide whether or not you
buy the property purely based on this report. For more detailed inspection, a
Homebuyer Survey is recommended.
Private Valuation
There are many reasons why you may require an independent valuation as opposed
to one produced specifically for your mortgage lender. You may simply want
professional advice on the true value of your home, or you may be a cash buyer
wanting to make sure you are paying a fair price. You may also need a
valuation when dealing with the following:
|
◊ |
Capital gains tax |
|
◊ |
Probate/inheritance
tax |
|
◊ |
Matrimonial/division
of equity |
If you
are a property investor/developer, we can provide a valuation report
which can also include rental advice if required.
Contact
us for a free consultation and we will endeavour to provide you with a
tailor made service to meet your requirements.
The RICS Homebuyer Survey is a more detailed report which
provides a summary of the property and any significant defects and
repairs that may be required.
It is
based on a standard format that is approved by the RICS and is
suitable
for most properties.
