Specialists in 'Help to Buy' Valuations
A new business opened in Bishop's Stortford in 1991 dealing in all aspects of Commercial and Residential sales, lettings and professional matters including Building Surveys, House Buyers Report & Valuation, Surveys and Commercial Red Book Valuations.
In 1998 the residential agency of that business was sold to Haart Estate Agents and John Gearing continued to specialise in all aspects of Commercial and Residential Property Consultancy and associated Professional Matters. After 30 years John retired from Bishops Stortford and moved into the Cambridgeshire countryside.
Help to buy valuations
If you obtained help with your deposit when you purchased your property and now wish to “staircase” up by purchasing a greater share of the equity up to 100% then you will require a Valuation of the property from an accredited RICS Valuer.
If you are thinking of selling your property and have a “Help to Buy” loan that assisted with the deposit then before you can sell the property you will need to provide the administering organisation - probably Target (HCA) with an accredited RICS Valuation.
We are Members of this Professional Property body and are officially Regulated to provide appropriate property advice.
We are Members of this Property Association which is a National Network of likeminded professional surveyors and valuers with considerable experience and skill committed to providing a service of quality and Putting the Client First.
Help to buy - Target customer information pack
For many of the transactions you will need to provide a valuation report. You will need to instruct an independent surveyor and pay for their services. You should instruct a Royal Institution of Chartered Surveyors (RICS) valuation surveyor to value the property. (Registered Valuer)
The Valuer MUST provide at least 3 comparable properties and sale prices.
The comparables provided must be like for like in terms of property type, size, and age and within a 2 mile radius to the property that is being inspected.
The Valuer must inspect the interior of the property and provide a full valuation report.
The Valuer must refer back to the original report and confirm the updated report is a Desktop Valuation.
The Valuer must provide at least 3 comparable properties and sale prices within the last year if the property has increased or decreased in value.
The report must be on headed paper and provided in a PDF format or a non-editable document.
Only one desktop valuation will be allowed after the original valuation has expired. If the desktop report expires before the transaction completes the property will need to be re-inspected and a new RICS valuation report provided.
From our offices based in St Neots and Bishops Stortford we have already provided numerous Property Report Valuations in an approved format to Target as well as various Housing Associations. These include:
