Chartered Surveyors in south bermondsey
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
rics red book valuation reports
We provide a range of RICS Red Book compliant Market Valuation reports.
You may have been told that you need an RICS Red Book compliant report but perhaps you’re not aware why that is. The Red Book which is the often used name for the RICS Valuation Global Standards including the UK National Supplement is the Gold standard for Valuation reporting.
By following the RICS Red Book requirements, we not only comply with regulatory guidance but importantly, also ensure that our reports are high quality and that you, the client can feel rest assured that what you’re getting is professional.
That’s not to say of course though that there isn’t a difference in the quality of valuation reporting, within the Industry. There is. We pride ourselves though on being amongst the best, providing very high quality reports in an efficient and reasonably priced manner.
lease extension and enfranchisement valuers
Do you know how long is left of your lease?
Many people do not, and that is because after you have spent hundreds of thousands of pounds on a property, you now own it so why would it matter?
The truth is that leasehold properties are diminishing assets, which means as the lease drops, the value of the property goes down as well, so it is very important to keep your lease length high.
Many people choose to extend their leases in order to protect and even in some cases, enhance the value of their property.
This is done through a process called a lease extension, governed by the Leasehold reform, Housing and Urban Development Act 1993. It states that a leaseholder is entitled to a 90-year extension with their ground rent reverting to a peppercorn.
Sometimes groups of leaseholders also collectively seek to buy their freehold which can be done by agreement or through a simple statutory procedure. This is a process called Collective Enfranchisement.
Websters Surveyors specialise in this area of valuation and are able to give you advice and guidance on the likely costs of extending your lease.
regulated by rics
Whatever type of reporting you’re requesting from us, we try to add value. That may be in providing some strategic advice on a lease extension when providing an assessment of premium for a statutory or voluntary lease extension. It may be making recommendations in a Home Survey that are above and beyond what we’re required to do.