Property/House Valuation Lutterworth

You need a valuation when buying or selling a property or changing your share of ownership. It’s also required for maintaining your property portfolio for accounting or tax purposes or handling probate after a loved one’s passing. A RICS Registered Valuer has the expertise to conduct this valuation accurately. Their valuation is legally valid in court.

How is a RICS Valuation distinct from an estate agent’s valuation? An estate agent focuses on maximising the sale price for their client’s property. A RICS Valuation, by contrast, identifies the Market Value, the amount a willing buyer and seller would settle on. This ensures an unbiased and reliable valuation.

When numerous buyers compete for a property, its value may rise due to bidding competition. Conversely, a property with just one interested buyer will typically have a lower value than one with multiple bidders.

Even if you’re buying a property without a mortgage, obtaining a valuation is wise. This ensures you’re not overpaying for the property.