Valuations can be required for all types of purposes such as: proposed sales and purchases, lettings, borrowing money, company accounts, compensation, probate, taxation, pension funds, investment and development appraisals. Capital valuations and rental valuations can be prepared for both landlords and tenants interests, with or without vacant possession.
As Registered Valuers, Blackburn Loxley are required to submit files for audit by the RICS regarding terms of engagement, site inspection, collection and analysis of comparables for the valuation report.
All valuations are prepared in accordance with the Valuation and Appraisal Practice Guidance Notes published by the RICS to ensure consistency of approach. Standard RICS contracts of engagement for valuations are also used.
Homebuyer Reports are provided as an intermediate assessment of a residential property, which provides a full external and internal inspection of the property; with comment upon its construction, any local issues, legal considerations, urgent repairs, valuation advice and insurance valuation.
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