valuation

We are able to undertake valuations for rent review, market value, capital asset value, probate, lease extension/renewal, and the like. 

We are frequently asked to carry out annual asset valuations where property is held by a company, and it needs to be reassessed each year for the accounts.

We have a working relationship with many estate agents in London and elsewhere, and therefore have a regular source of information essential for carrying out our valuation work and access to online commercial and residential property databases.

The firm is able to carry out all types of valuation, but the most usual is an open market valuation in accordance with the Royal Institution of Chartered Surveyors guidelines. This is on the basis that there is a willing seller, the property has been marketed properly under normal circumstances, there is no special purchaser, and that both parties act knowledgeably, prudently, and without compulsion.

We also accept instructions to provide commercial property valuations – generally for internal accounting purposes but also for mortgage lending purposes. Fees are agreed in advance and are generally based on a percentage of the valuation figure or on time spent.

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