Valuations

 

We have a detailed knowledge of the property market in Bedford and the surrounding areas, and are able to provide a very balanced opinion on the market value of the property in question.

 

Neil Phillips is an RICS Registered Valuer and as such is able to offer the following services

Help to Buy/Shared Ownership

I am qualified to undertake valuations to enable release form the Help to Buy scheme.

 

I meet the strict requirments of the HTB and Shared Ownership organisations and am experienced in these types of valuations.

 

 

Probate

A professional valuation of the deceased's property assets is required as part of the process to enable probate to be granted.

 

This is necessary even if the property is to be sold or gifted.

 

As well as providing the valuation I am able to act on your behalf, if necessary, in any subsequent negotiations with the District Valuer.

 

Matrimonial

It is often necessary to ascribe capital values to residential assets as part of the divorce process.

 

As well as providing valuation advice, I can represent parties either singly or as a jointly instructed expert in any subsequent hearings.

 

Relocation

These valuations are usually required when an employee is moving to another part of the country. The relocation company tries to find the employee a like-for-like property and will instruct a valuer to determine the value of the client's existing home in the
"new" area.



Insurance

Most mortgage lenders require an indicative figure to be provided as a reinstatement cost to cover their asset in the event of damage or destruction.

 

Where there is no mortgage involved, the insurance company will need to know the property's reinstatement cost.

 

This is not the open market value.

 

With older or non-conventional properties, in particular, valuation is an exacting and complex process.

 

If you're interested in inquiring about valuations or need further advice, please don’t hesitate to contact me.

 

look forward to hearing from you!