steve@buildingsurvey.co.uk

0330 133 1111

34 Queen Street Derby DE1 3DS

8.30am to 6.30pm Monday to Friday   

 

 

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RICS Valuations

Valuations Terms

Valuation Sample

 

RICS SURVEYORS HELP TO BUY VALUATIONS DERBY

 

Steve Butler is a registered valuer with the Royal Institution of Chartered Surveyors (RICS) and has been undertaking Help to Buy valuations in the Derby area since the scheme started.

Help to Buy Vauations in Derby

Help to Buy valuations are requried in order to be able to sell a property or to repay the loan

Our RICS surveyors have been dealing with Target for a number of years and are fully familiar with the Help to Buy Valuation Report requirements

Help to Buy Valuation Report requirements:

The Valuer must be registered with the recognised qualification of RICS

The Valuer must be independent to an estate agent

The report must be on headed paper, signed by the RICS surveyor and addressed to Target HCA

The Valuer MUST provide at least 3 comparable properties and sale prices

The Valuer must not be related or known to you

The Valuer must inspect the interior of the property and provide a full valuation report

Valuations carried out for bank or mortgage purposes are not acceptable

A copy of the valuation report must be supplied to Target; the inspection date must be shown on the report.

The Help to Buy Valuation Inspection

It is a requirement of the Help to Buy Scheme that the valuer who must by RICS registered inspects the interior of the property. This should take about twenty minutes and will include a breif inspection and taking measurements. The surveyor will also inspect the exterior of the property and ask you a few simple questions about the property and the repayment of the loan. Once the inspection is competed writing the report usualy take palce on the same day.

Validity of The Help to Buy Valuation

It is most important to udnerstadn that the Help to Buy Valuations are only valid for three months from the date of the report.

Sadly we have many clients who telephone to say that they are about to complete but the original valuation has just run out of time.

Fortunately we are able to do a desk top update of the valuation for a small charge.

Before requesting a valuation it is thus a good idea to ensure that any potential purchaser of the property is committed or if repaying equity whilst remortgaging that you will be able to obtain the mortgage within the three month period.

 

 

 

RICS SURVEYORS DERBY AREA 

Help to Buy Valuations Derby

RICS Valuations Derby