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Braeside Surveyors and Valuers work to the highest global standards and can provide the best surveying report. Our expert team follows the strict RICS processes & standards applicable to the property valuation process. <br>An RICS Valuation establishes the Market Value u201cThe price a willing seller and a willing purchaser will agreeu201d. <br>If you are looking for best RICS Building Surveys Lancashire then contact at - 03337720119.
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UNDERSTANDING RICS VALUATION Why is it so important ??
WHAT IS RICS IN VALUATION? An RICS Valuation is a professional assessment of the market value of property or land, taking a number of factors into account. It is often carried out for mortgage purposes, financial matters, building insurance purposes or as part of a building survey to ensure that the property is a sound investment. YOUR HOME COULD BE A ONCE IN A LIFETIME PURCHASE, SO IT IS CRUCIAL TO KNOW ITS CONDITION AND VALUE.
You will need a valuations if you want to sell a Help to Buy or Shared Ownership house, or if you would like to repay the loan. You may also need a valuation if you are exercising your Right to Buy, or for tax or legal purposes. WHY DO I NEED A RICS VALUATION?
HOW MUCH COSTS A RICS VALUATION IN UK ? £160 - £600 A Mortgage Valuation or RICS Valuation can cost £320 for an average priced property in the UK, though costs can be as low as £160 and as high as £600. The cost of the valuation is relative to your property value and the lender you choose to go with.
METHODS OF VALUATION Investment Method Comparative Method For buy-to-rent or commercial properties, the investment method can be useful. It determines the market value of a property based on its potential to generate future income using discounted cash flow techniques. This is the most common method used when professionally valuing residential property, shops and offices. This is the method used for homebuyer reports. This is the method used for homebuyer reports. Replacement Cost Method Profits Method The replacement cost method is often used by surveyors for specialist properties where t considers how much the property would cost to rebuild to its current state, the cost of the land and any other relevant factors. This method estimates the business’ gross profits then deducts expenses. It’s most often used to provide property valuations for pubs, hotels, nursing homes, cinemas etc
LOOKING FOR BEST RICS SURVEYORS ? Surveys show that surveys never lie Braeside Surveyors and Valuers work to the highest global standards and can provide the best surveying report. The expert team follows the strict RICS processes & standards applicable to the property valuation process. So, get your RICS Building Surveys in Lancashire done by Braeside Surveyors at an affordable price. Braeside Surveyors are a highly experienced and qualified team of reputable property professionals.
CONTACT US Website : http://braesidesurveyors.com Email : info@braesidesurveyors.com Address : 6 Braeside, Blackburn, Lancashire, BB2 6DR 0 3 3 3 - 7 7 2 - 0 1 1 9