Property/House Valuation  Towcester

A valuation is required when you’re selling or buying a property or altering your ownership percentage. It’s also needed for managing your property portfolio for accounting or tax reasons or during probate after a relative’s death. A RICS Registered Valuer has the expertise to conduct this valuation accurately. Their valuation carries legal weight in a court of law.

How does a RICS Valuation compare to an estate agent’s estimate? An estate agent focuses on maximising the sale price for their client’s property. In contrast, a RICS Valuation determines the Market Value, defined as the price a willing buyer and seller agree upon. This provides an impartial and accurate valuation.

If several buyers are interested in a property, its value may increase through bidding wars. In contrast, a property with only one buyer may be valued lower than a comparable property with more interest.

If you’re purchasing a property without borrowing, it’s still prudent to get a valuation. This confirms you’re paying a fair price for the property.