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Residential Valuations and Surveys

John Taylors provide three types of report for residential properties: Residential Report and Valuations, Mortgage Valuations and RICS Homebuyer Surveys and Valuations.

Residential Report & Valuation
A Residential Report and Valuation gives a market value of the property on a defined basis. This type of valuation would be carried out for the purposes of:

  • Sale or Purchase
  • Transfer of Ownership
  • Divorce Proceedings
  • Insurance Cover
  • Probate or Taxation
  • Compulsory Purchase
The report and valuation has to be carried out in accordance with The RICS Appraisal & Valuations Standards (The Red Book). A written quotation and Guidance Notes on the definition of the valuation and content of the report will be supplied to you so you can fully understand the service before you agree to the valuation being carried out.

Please note that this type of valuation is not a survey, if you are looking for a survey please refer to the RICS Homebuyer Survey and Valuation.

Mortgage Valuation
A mortgage valuation is organised through your mortgage lender and answers the questions they require concerning the security of your loan. It will not necessarily answer any personal concerns you may have about the condition of the property. John Taylors carry out mortgage valuations for a number of mortgage lenders.

RICS Homebuyer Survey & Valuation
A Homebuyer Survey and Valuation is suitable for conventional properties built in the last 150 years which are in reasonable condition. The Homebuyer Survey and Valuation report is the most commonly requested survey and suitable for the majority of properties. Full details of the content of the report and the basis of valuation along with a quotation are supplied prior to the inspection taking place.

The objective of the survey is to report on the general condition of the property and highlight any defects or problems which are urgent or significant and would have an effect on the value of the property. It will also provide advise on any issues that you will need to investigate further before proceeding with the purchase. It will then give you an informed judgement on the agreed purchase price.

Request a Quote or Further Information
Find out more information on any of the services that we offer or obtain a quote for valuation or survey.


CONTACT US

Louth Office
14-18 Cornmarket Chambers
Louth
Lincolnshire
LN11 9PY

Tel: 01507 603648
Fax: 01507 601280
enquiries@johntaylors.com

Market Rasen Office
13 Queen Street
Market Rasen
Lincolnshire
LN8 3EH

Tel: 01673 844249
Fax: 01673 849216
marketrasen@johntaylors.com

Auction Rooms
The Wool Mart
Kidgate
Louth
Lincolnshire
LN11 9EZ

Tel: 01507 611107
Fax: 01507 601280
woolmart@johntaylors.com