RICS Red Book Valuations
Before deciding whether to purchase or sell a property, It is important to obtain an independent valuation of your property assets in order to ensure you maximize your investment or return. There are various recognized techniques for establishing the value of a property asset, and these have been developed by the Royal Institution of Chartered Surveyors. The RICS Red book Valuation Survey and report can only be undertaken by a specialist and certified RICS valuation surveyor These techniques are recognized throughout the world as the leading standard. A Red Book valuation is recognized by the financial services industry.
A Red book valuation should not be confused with an estate agents valuation, which is calculated with a view to obtaining an instruction to sell the property and will always include a degree of uplift to allow for a negotiated settlement.
A RICS Red book Valuation is an essential process for the following:
- Property Acquisitions
- Matrimonial Divorce Proceedings
- Capital Gains and Inheritance Tax
- Compulsory Purchase
- Lease Extension
- Mortgage and Secured Loans
- Rent Reviews
- Lease Renewals
- Building Insurance
For a quote contact our office using the attached enquiry form