Valuation services

There are many circumstances which may require you to have a Red Book Valuation.  Usually this will be for tax purposes or legal proceedings, such as for inheritance tax or a matrimonial dispute. These valuations are undertaken by members of the Royal Institution of Chartered Surveyors who follow strict guidelines set out in the RICS – Valuation Global Standards and (where applicable) the UK National Supplement.  Together, these are known as the “Red Book”.   Many of the valuations we provide will be in accordance with the Red Book.

Our surveying department is on the panel of several high street and specialist lenders, providing valuations for secured lending, working with Handelsbanken, Barclays and Cynergy. We provide valuations in connection with secured lending for these types of property:

• Flats
• Houses
• Residential investment portfolios
• Land/development site
• Freehold ground rent investments

• Houses in Multiple Occupation (small and large)
• Offices
• Retail
• Restaurants
• Industrial
• Hotels and leisure
• Health and medical (care homes, surgeries etc.)
• Land/development site

• We represent both landlords and tenants in assessing and negotiating rent reviews and lease renewals for commercial premises. If you hold a commercial lease and require representation in connection with a forthcoming or outstanding review or lease end, our surveying team can provide the necessary valuation and represent you in negotiating a settlement.

• Capital gains tax valuations are required by HMRC for your financial adviser to then calculate your capital gains tax liability. These are often from the base year of 1982, or from the acquisition date if acquired after 1982, to the disposal date.

• Property valuations for matters concerning divorce or death are never easy, but when the time comes to consider such matters, you’ll need advice from trusted property experts. Our team of Chartered Surveyors are experts across local, regional and national property markets, meaning you’ll receive trusted and accurate advice.
• Our valuation team are experienced in providing property valuations for use in divorce or separation proceedings, to support the calculations of how your assets may need to be divided.
• We can also provide property valuations, often referred to as ‘probate valuations’, for clients administering the estate of a benefactor, where the total estate value will need to be valued for Inheritance Tax purposes.

• We have much experience in being appointed as receivers under the Law of Property Act (LPA Receiver) on behalf of major banks. We are able to provide advice to other trustees in bankruptcy.

• If a charity is looking to acquire or dispose of an asset, it is required to obtain a valuation that complies with the Charities Act. We can provide your charity organisation with the necessary valuation, along with any further advice needed to gain best value for the property asset.

• Expert witness reports are often required as part of a court procedure and can be in connection with matrimonial proceedings, boundary disputes and leasehold reform claims to name a few. If it requires a property related valuation, it is likely we can assist you.
• This work can be complex, and it is necessary to have a valuation surveyor of suitable experience in order to satisfy the court’s directions. The work is often initially via written submissions, but it can require the expert to appear in court, of which we have experience in both areas.

• Our surveying team act on behalf of developers, investors and secured lenders to assess viability of residential, mixed and commercial schemes. Our in-depth knowledge of the development market and specialist software allow us to provide appropriate advice and development appraisals.

• A SIPP is a personal pension scheme that can hold a wide range of assets, including commercial property. Our valuations provide an accurate assessment of the value of these properties and ensure compliance with pension regulations.

• If you have a residential or a mix of commercial and residential assets, we can offer regular re-valuations to keep your portfolio’s assessment up to date or one off valuations for tax planning or securing finance.

• To find out more, head to the lease extensions page.