Typical Purposes for our Red Book Valuations
We can help you to determine how much tax must be paid to the HMRC when you dispose of a second home.
We can help you to determine how much tax must be paid to the HMRC on an estate before Probate is granted and it passes on to the beneficiaries.
A Shared Ownership valuation might be required should you wish to sell the property or purchase more shares in it (staircasing). Also suitable for Help to Buy and Right to Buy.
A retrospective Red Book valuation for a variety of reasons including ATED (Annual Tax on Enveloped Dwelling), Inheritance Tax/Probate, Capital Gains Tax and Right to Buy.
For a variety of lending purposes including residential mortgages, bridging finance, part exchange to equity release. You must check with the lender prior to instruction that our desktop report is suitable.
Providing an impartial court compliant valuation of property for the purpose of divorce proceedings. This includes Single Joint Expert reports.
Court compliant valuation reports for the purposes of an IVA (Individual Voluntary Arrangement) which are legally binding arrangements with creditors.
Reinstatement Cost Assessment Reports providing the full cost to replace, repair and rebuild a property for insurance purposes.