Chartered Surveyors in purley

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

 

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court reports

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lease extension and enfranchisement valuers

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statutory tax valuations

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court reports



Market Valuations for Court reports can be for a number of reasons.

For example, where a divorcing couple are separating and splitting their assets. Often this would involve one divorcee buying the other out of their share of a property when one person moves out. The parties may be tense. Emotions are raw. However we provide completely impartial Market Valuation reports, completely Independent Market Valuation Reports. This is because RICS requirements are that Court compliant Market Valuation reports are subject to the rules in the RICS Red Book. One of these is that we must act with complete independence. We would normally be jointly appointed by the divorcing parties, a solicitor acting for one of them (with agreement from the other) or directly by the Court. However we are appointed, we cannot and will not under any circumstances be influenced by any of the parties involved.

Similarly, we receive requests for Retrospective valuation reports to determine the Market Value of a residential property on a date in the past. This may for example be because of accusations of professional negligence from another Chartered Surveyor or abuse of trust by someone exerting undue influence on someone else to sell a property at an undervalue. The principles are the same – we act with complete Independence, not influenced by any of the parties involved.




lease extension and enfranchisement valuers


 At Websters Surveyors, one of our Directors, Richard Stacey, is not only a Chartered Surveyor and a RICS Registered Valuer but has also specialised in leasehold reform for over 15 years. His experience and knowledge in this field is considerable, having helped hundreds of clients extend their lease or buy their freehold or when acting for the freeholder, secure a fair premium.

Extending your lease or buying your freehold (known as collective enfranchisement) can be complex, but that is why we are here to help. We undertake valuations to inform you on the likely costs of extending your lease, guide you through the process and can even negotiate on your behalf once you have initiated the process or if a freeholder, have responded to an initial notice.

Having a team of professionals if very important, and that is why we work with solicitors that also specialise in lease extensions and enfranchisement and can happily refer if needed. Speak to our team today to find out more.




Statutory tax valuations



Statutory Valuations such as for assessment of Inheritance Tax or Capital Gains tax are often required by HMRC to determine the tax payable. As Chartered Surveyors and RICS Registered Valuers, we can support the work undertaken by your financial adviser, Chartered Accountant or other Tax advisor by providing an Independent opinion of Market Value.

The date of Valuation is typically retrospective, that is a date which has already past. It may be the date of death in the example of an Inheritance Tax Market Valuation which can also be a requirement before Probate can be granted. It may be the date the property was transferred without consideration, such as from an individual into a company name that the same person owns. It may be April 2017 if it is owned by a Company who acquired it before that date.

These Statutory Valuations are referred to as such because HMRC requires legislation to be complied with in determining the factors that comprise Market Value.

Valuations like these should be undertaken by RICS Registered Valuers which is a qualification designation that all of our Chartered Surveyors and AssocRICS Surveyors have attained.

Our reports are also compliant with the RICS Red Book (Global Valuation Standards) including the UK Supplement).