For Property Solutions
Valuations for homeowners wanting to sell a shared ownership property or increase the percentage that they own (stair-casing).
Our Chartered Surveyors determine the value of a site or building in the current marketplace in accordance with the RICS Red Book standards for the purpose of selling a shared ownership home or stair casing, where you want to buy a further percentage of your home from the Housing Association.
We assess all kinds of residential property including houses, bungalows and flats, including those of non-standard construction, to provide our considered opinion of its value.
We will provide a detailed, evidence-based report that provides our opinion of the value of the property in question that can be addressed to you or your housing association as required.
Many shared ownership scheme leases require the seller to seek an independent shared equity valuation when they want to move on and even if it isn’t a term of your lease, getting a valuation will give you essential information about the current market value of your home giving you the best chance of receiving a fair sale price.
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 when you receive your report.
You can expect to pay between £600 and £900 plus VAT for a straight forward residential valuation but larger or more complex properties will be more costly.
The exact cost will depend on a number of factors including the size, location and age of the property. Desktop valuation updates will usually cost up to £600 + VAT. See our desktop valuation FAQ for more info on this.
The prices above are indicative only. We cannot give you an exact quote until you have confirmed the property address as every property is different. 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.
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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.
Registered Valuers may provide varying opinions of value because a valuation is an evidence-based opinion with an element of subjectivity.
When disagreements in value occur, courts are asked to decide if a value is correct. Provided the valuation has been conducted in accordance with the RICS red Book (where best practice guidelines are set out by the regulatory body for Chartered Surveyors) an opinion of value cannot be ‘wrong’, as long as it is within reasonable tolerances of the court’s opinion of value. This tolerance is usually up to 10% over or under the original valuation.
Consumers should instruct a Chartered Surveyor, via the RICS find a surveyor service to find a surveyor with the local market knowledge and adequate professional indemnity insurance to provide the confidence that the opinion of value can be relied upon subject to any qualifications in the valuation document.
Kempton Carr Croft is a RICS regulated firm, has PII insurance cover and all valuations are conducted by qualified RICS registered valuers.
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.
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.
We undertook a building survey on a property for Mr Holloran. Here is his feedback:
“Thank you for this extensive and very readable survey report. I have gone through the report in detail which is very clear.”
I would highly recommend – sound expertise and great service in dealing with lease extension and associated valuation matters.
