Charities Act Valuation

We provide valuation reports that enable Charities to meet the obligations of the Charities Act when disposing of land or property. 

The expert knowledge you need with the personal service you expect.

Charities Act Valuations

 

What do we do? 

Acting for Registered Charities we provide the advice and reporting needed to meet Section 36 obligations when disposing of land or property under the Charities Act 1993.

We will address to the trustees, a detailed, evidence based report, based on the statutory definition of market value that provides:

  • Our opinion of the value for the property in question
  • The most appropriate method of disposal
  • Whether to carry out works prior to sale
  • How best to advertise the property

We assess all kinds of residential and commercial property, including those of non standard construction and our aim is to help you make sound financial decisions relating to property. A Charities Act valuation conducted by Kempton Carr Croft’s RICS registered valuers will advise you how to make optimum use of the property for the best interests of the Charity at the point of disposal.

 

Turnaround 

We aim to turn reports around within five to seven days of inspection and you will be able to talk directly to the surveyor working on your behalf should you have any questions.

To get a quote or discuss your valuation,

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Frequently asked questions about Charity Act valuations

 

How much does a Charities Act valuation cost?

We cannot give you an exact quote without speaking to you as every property and disposal requirement is different but the professional fees payable will always reflect the particular requirements of your property and the time which it is anticipated will be devoted to the matter.

Get a quote

 

What is a Charities Act valuation?

Property is a key asset for many charities and non-profit organisations. Section 119 of the Charities Act 2011 requires a Charity to seek professional advice and a written report from a Chartered Surveyor before embarking on the sale of a property asset. This applies to land, property and leases longer than seven years and our surveyors can ensure you comply with the requirements of the Act.

 

Do you provide any other property services for Charities?

Yes. Kempton Carr Croft’s full range of surveying and valuation services can be provided to registered charities in regards to properties they hold. This includes but is not limited to:

Please see our service page for all the ways that we can help you. 

 

Can you conduct a desktop valuation?

Desktop valuations, where an opinion of value is reached without an inspection of the property, are not RICS Red Book compliant and as such we don’t conduct them.

We do however conduct desktop valuation updates. These desktop valuation updates are only suitable if we have visited the property on your behalf before, no significant alterations have been made, or the time elapsed since the inspection was conducted isn’t too great.

Desktop valuation updates are commonly used when the validity of the original valuation has expired (usually after three months of valuation date) and a retype is requested to state that the original value is still correct and the market has not significantly changed.

 

What is covered in a Charities Act valuation?

  • Initial advice in respect of Charities Act valuations
  • Inspection of the property
  • Reporting the Market Value at the applicable valuation date
  • Consultation prior to the valuation to ensure any specific concerns you have are considered in the inspection

 

Do you conduct valuations under the Charities Act in my area?

Kempton Carr Croft’s Surveyors regularly provide valuations for properties throughout London and the whole of the South East of England. The team works from offices in Basingstoke, Camberley, Gerrards Cross, Maidenhead, London, Reading, Staines and Windsor.

Responsive and professional

The customer service we receive from Kempton Carr Croft is great. Crucially, the experience you have with them is the same no matter who you deal with and they are responsive, professional and always provide reports on time.

The consistency in their approach is paramount for us, it means that we can be confident in the documentation they provide and there is no need to double check what they have done and it feels like KCC are part of our team.

The quality of the work Kempton Carr Croft produce is brilliant and when we collaborate with them, we feel protected, particularly because our offers are hinged on the work which they produce. Furthermore, the way they conducted themselves reflects on our customers and we can be sure that our business reputation is protected when we work with Kempton Carr Croft.

Amit Majithia