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Help To Buy Valuation
If you have purchased a home using the help to buy scheme, you will need to get an independent RICS valuation when you come to sell the house or repay the government loan. Unlike mortgages from banks, the help to buy scheme loans you a proportion of the property’s value, rather than a set amount of money. The amount that needs to be repaid depends on the market value of the property at that moment in time.
Importantly, the amount that you must pay back will be calculated on the value of the property at the time of repayment, not the original purchase price.
As such, choosing when to pay back your loan on your own terms can be advantageous if the market value of your property has decreased since the initial purchase. Alternatively, if the value of the property has increased, you will end up paying more than you initially borrowed.
Once you have your Help to Buy Valuation you must send it to Homes England, who will in turn calculate the value of your loan and provide you with the repayment figure.
Shared Ownership Valuation
Whether you are selling your shared ownership property or buying further shares in it (known as staircasing), it’s important to know the true market value of your property so you can make informed decisions and to ensure the housing provider is demonstrating best practice. To do this you will require a RICS Shared Ownership Valuation. Having worked alongside many Housing Associations, which include Catalyst, Sovereign, BPHA, Clarion, SOHA, Vivid, Radian, Guinness, Grainger, Silva, Bromford, Thames Valley Housing, Metropolitan, Southern Housing Group, A2Dominion, Stonewater, GreenSquare, Housing Solutions and Paradigm. We can guarantee that all of our Shared Ownership Valuations will adhere to your Housing Associations Requirements.
We will provide a reliable and professional service with fast turn around of the reports which are supplied in a PDF format.
Home Survey Level 2
A Home Survey Level 2 report is a survey suitable for conventional properties in reasonable condition. This will help you find out if there are any structural problems, such as subsidence or damp, as well as any other unwelcome hidden issues inside and outside. It is a level 2 RICS report.
The Home Survey Level 2 is a non-intrusive visual inspection, in which your surveyor will inspect visible areas in your property to report on the condition of your home and highlight any defects..
EPC
We provide first class service when carrying out Energy Performance Certificates. Please note we only provide these when carrying out a RICS Home Survey or RICS Valuation instruction report at same time.
EPC's are required for domestic properties and supplied when they are a Rental and Resale property.