Chartered Surveyors in shoreditch
We are a firm of Chartered Surveyors based in London providing a range of Residential Valuations and Surveys. We are also RICS (Royal Institution of Chartered Surveyors) Registered Valuers.
If you’d like to discuss one of our team providing you with a Market Valuation or Home Survey report, please call us on 020 8017 1943 or e-mail info@websterssurveyors.co.uk
Market VALUATION REPORTS
Shared Ownership & Shared Equity
RICS HOME SURVEYS
OTHER SURVEYS
lease extension and enfranchisement valuers
'Leasehold' is quickly becoming a dirty word, due to problems with securing a mortgage on short leases, ground rents which double or are linked to inflation or Market Value ('onerous ground rents') and sometimes also conditions within a lease with unfair practices including high charges for leasehold consents.
To combat this, you may be considering extending your lease or perhaps you are a Landlord (typically a freeholder) who has received a Section 42 notice under the Leasehold Reform, Housing and Urban Development Act 1993 from your tenant (leaseholder) for a Statutory extension.
If you do extend your lease, you can do so on a Statutory route which provides for an additional 90 years and turns your ground rent into a peppercorn (a legal term that effectively means zero). A voluntary lease extension can provide more flexibility including changing other lease terms by agreement.
There are still a number of leasehold houses around, albeit the majority of such interests have already bought their freeholds. If you own a leasehold house, it may be cheaper than you think to buy the freehold and may make your interest more marketable if you are considering selling in the future.
Our Lease extension Valuers work closely with Lease extension solicitors, ensuring leaseholders and freeholders have professional and cost efficient advice to protect their interests.
Statutory tax valuations
Market Valuations for Taxation are Statutory Valuations and are therefore subject to legislation such as –
- Section 272 Taxation of Chargeable Gains Act 1992
- Section 160 Inheritance Tax Act 1984
- Section 118 Finance Act 2003
- Section 98(8) Finance Act 2013
As Chartered Surveyors & RICS Registered Valuers, we have to have an understanding of the valuation requirements that HMRC expect of RICS Red Book compliant Valuations such as those for –
- Capital Gains Tax
- Inheritance Tax
- Stamp Duty Land Tax (SDLT)
- Annual Tax on Enveloped Dwellings (ATED)
Our Chartered Surveyors are RICS Registered Valuers and are highly experienced in providing valuations for Statutory purposes such as for tax assessments.
Our reports are thorough and should withstand scrutiny by HMRC.
regulated by rics
The Royal Institution of Chartered Surveyors are our regulatory body and we are proud to be Regulated by RICS.
Our Chartered Surveyors, AssocRICS Surveyors and RICS Registered Valuers, along with support staff, all comply with RICS requirements for your assurance. The RICS provide far heavier regulations than exist in many comparable industries. We’re happy for that to be the case because in meeting those requirements, we’re showing to our customers a significant degree of professionalism.
We hold our obligations towards our professional membership dear to our hearts. We regularly provide training and assessment to both Chartered Surveyors inside and outside of our company and also undertake continuous professional development ourselves, making sure our skill base is keeping up to date and forever growing.