RICS HELP TO BUY, SHARED OWNERSHIP VALUATION, STAIR CASING VALUATION, EQUITY VALUATIONS

Help to Buy Valuation & Shared Ownership Valuation - Shared ownership schemes allow you to purchase a percentage of the property, with another person or entity owning the remaining percentage. 

The most common scheme is the Help to Buy scheme, in which the Government purchases the remaining equity in the property. There are many other shared ownership schemes which are usually offered by housing associations. 

If you have used the Help To Buy scheme and are now in a position to sell your home, remortgage, or start repaying your loan, then you need to get an RICS regulated valuation. 

An RICS Redbook Valuation is needed in order to work out the amount of deposit which should be repaid. Steren Surveyors UK Limited carry out Help To Buy Valuations that follow the exact requirements of the scheme and inspect the inside and outside of the property.   

What criteria must be met? 

• You MUST hire a RICS regulated independent chartered valuer to carry out the valuation: 
• The valuer must be registered with RICS and be independent to an estate agent. 
• They cannot be related to you. 
• The valuer must provide at the least ‘3 comparable properties and sale prices’. Those properties must be like-for-like, with regard to property type, size, and age, and must be within a 2-mile radius of your own property. 
• Valuations carried out for bank or mortgage purposes will NOT be accepted. 
• The chartered valuer must inspect the property interior and provide a full valuation report [not a survey]. 
• The Valuation Report needs to be presented be on headed paper, signed by a RICS surveyor, dated, and addressed to the appropriate association. 

If you’re looking to book a valuation, simply complete the form below, providing full property details, and obtain a quote very quickly. 

If you decide to go ahead and book, we will also conduct the survey on a date and time convenient to you.  r all parties and the court. 

Valuations will be undertaken in accordance with the court’s terms. 

Please contact us regarding Help to Buy Valuation & Shared Ownership Valuations.