Valuation Report – Residential/Commercial Properties
This is designed to be a brief report on the property. The report will include a description of the property including details of age, type of construction and the accommodation offered. The report provides a general overview of the conditions based on a limited inspection.
This form of report is suited to providing a valuation of the property for mortgage or lending purposes and is often instructed prior to having a more detailed survey carried out in the future.
This report should not be relied on to determine the condition or structural integrity of the property.
Inspection of residential and commercial properties with a view of providing a valuation report which may be required for a variety of purposes:-
- Transfer of ownership
- Capital Gains Tax assessment
- Inheritance Tax Assessment
- Stamp Duty Liability
- Matrimonial purposes divorce or separation
- Valuation dispute between two or more owners
Generally instructed by the lending institution. This is an inspection of residential or commercial properties for lending mortgage purposes. The purpose of the report is to inform the lending institution as to the market value of the property and its suitability for lending purposes.
This form of report is not to determine the condition of the property.
Valuations to assess freehold reversionary interest
An inspection of the residential property is undertaken in order to assist in the calculation of the value of the freehold reversionary interest.
Inspection of residential property to aid immigration application
An inspection of the property is undertaken in order to describe and list the accommodation to assist in the application for immigration of a relative.