The purpose of an RICS Red Book Residential Market Valuation Report is to advise Private Individuals, Executors, and Solicitors of the Market Value of houses and flats to report to HM Land Registry, HM Revenue and Customs, and HM Courts.
We advise on the nature of the property and factors revealed during our inspection that are likely to materially affect its Market Value, within specified assumptions or special assumptions, and where there are serious cases of disrepair or obvious potential hazards revealed during the inspection that have a material impact on the Market Value.
We are independent, objective, and may not have a conflict of interest.
Our Limit of Professional Liability to you is calculated as half the square of the Fee Paid (including Tax, if applicable).
Before Valuing the property we need to know what you know about the property, and agree our Contract Letter and Terms of Engagement.