Loan security valuations

We provide an accurate and comprehensive valuation of commercial and residential property and land to allow lenders to make informed decisions before committing to property finance. 

Experts in valuation of property and land

What do we do?

Acting for banks and other financial lending institutions including bridging loan providers, we will provide accurate and comprehensive valuations of commercial and residential property and land so an informed decision can be made as to whether any loan sought and provided to the homeowner, business owner or developer will be secure.

 

  • We conduct valuations for a wide range of lending institutions including the majority of the high street clearing banks, building societies and short term lenders. Contact Simon Mills to discuss adding Kempton Carr Croft to your panel today.
  • We were highly commended at the Bridging and Commercial awards in the ‘Best Bridging Valuer’ category as a result of feedback on the quality and efficiency of our work from our clients
  • We have a dedicated loan security valuation team and offer quick turn around times on reports to suit your deadlines

 

Kempton Carr Croft is regulated by the Royal Institution of Chartered Surveyors and all of our valuers abide by the RICS codes of conduct and prepare their reports in accordance with the RICS Red book valuation standards. This method considers the property’s location, condition, quality, the demand and supply in the area, along with the current market conditions in the area by seeking comparable evidence from recently sold property of a similar nature. Any planning permission along with future value, potential for alternative uses, energy efficiency and environmental factors affecting the property are all considered and summarised in the valuers report.

 

Our service includes 

 

  • Initial advice in respect of loan security valuations
  • Inspection of the property
  • Reporting the value at the applicable valuation date
  • RICS red book valuations on behalf of lenders for commercial and residential property and land

 

We have a large team of valuers working throughout London and the South of England but can be instructed to work nationally if required. Each is experienced and knowledgeable in the local markets that they operate in and is able to value a wide range of commercial and residential property types and land. From a simple stand-alone property to complex development and mixed use schemes, Kempton Carr Croft’s valuers have the accuracy and insight required to provide a valuation report at any given time.  

As a multi-disciplined firm, we can offer our clients a 360 degree consultancy and have a wide range of in-house expertise to call upon should further specialist input be required including  development monitoring, LPA recivershipcommercial disposals and development feasibility

 

For guidance on your individual options, please get in touch

CONTACT US

Our Team

Simon Mills

BSc (Hons) MRICS

Head of Loan Security Valuation
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Mark Symonds

MRICS

Chartered Surveyor & RICS Registered Valuer
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Frequently asked questions about loan security valuations

  • What is a loan security valuation?

    The need for a loan security valuation arises when a loan is requested from a bank or financial lending institution.

     

    A loan security valuation is conducted to establish whether the value of the loan requested from the lender will be secure.

     

    Many lenders will only consider a valuation report prepared by a RICS chartered surveyor in accordance with the RICS Red Book valuation standards. This method considers the property’s location, condition, quality, the demand and supply in the area, along with the current market conditions in the area by seeking comparable evidence from recently sold property of a similar nature. Any planning permission along with future value, potential for alternative uses, energy efficiency and environmental factors affecting the property are all considered and summarised in the valuers report.

     

  • Will a loan security valuation differ from an open market valuation?

    Yes. A loan security valuation of a property will be different to the open market open market value of the same property.

     

    The lender is seeking to be in a position that if loan is defaulted, they can realistically recoup the value of the loan plus associated fees.

     

    Ultimately, the loan security valuation is to establish for the lender, whether the requested value of the loan can be secured against the value of a property. 

  • What is a RICS valuation?

    RICS Valuers are governed by the Royal Institution of Chartered Surveyors, follow strict professional guidelines, provide adequate professional indemnity insurance and, they must be able to defend his/her market evidence used in the report to reach the end valuation should a claim be made against them.

     

    This means you can be confident that the opinion of value provided by a RICS registered valuer can be relied upon.

     

    Purchasers, lenders, sellers and insurers can instruct an independent RICS registered valuer with confidence that they will receive an honest, accurate and reliable valuation of the property and/or land in question.

  • How long does it take to produce a valuation report?

    We aim to produce valuation reports within five to seven days of inspecting the property. Should you have any questions when you receive your report, you will be able to talk directly to the dedicated RICS valuer working on your behalf.

     

    If there is need for an expediated report, please discuss this with us before the survey is carried out.

  • Do you conduct loan security valuations in London?

    Kempton Carr Croft’s Surveyors regularly provide loan security valuations for properties throughout London and the South East of England. Our London practice is located in Mayfair and we have a further seven offices to the West and South West of London.

  • Do you conduct property valuations 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.