Chartered Surveyors in west london
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 home surveys
Having a survey carried out on your home or on a property you are buying can help you understand any defects that it may have and subsequently save you money in the future. You may decide to request that the seller rectifies the defects prior to exchange of contracts or you may decide that you’re happy to proceed knowing what you need to budget for after buying.
One size does not fit all for Surveys so we provide three different levels of RICS Survey. The appropriate type of Survey will depend on issues such as –
- Age of the building
- Has it been extended or altered in any way?
- Is it listed?
- Is it modern or period or where in between?
- What does the condition on initial viewing appear like?
- Are you looking to undertake alterations like knocking through walls that you need to check it’s safe to do so?
The three types of Survey are called Level 1 Surveys (Condition reports), Level 2 Surveys (Homebuyers reports) and Level 3 Surveys (Building Surveys and previously referred to as Structural Surveys).
At Websters Surveyors, we undertake all types of Home Surveys. Our team can guide you on which type of survey is most suitable to your needs and our building pathology expert with close to 30 years of post-qualification experience as a Chartered Surveyor conducts most of our inspections and provides reports typically within a few days.
lease extension and enfranchisement valuers
Extending your lease or buying your freehold can protect or even enhance the value or your flat. As the lease gets shorter, the flat slowly loses value and once the lease gets to 80 years the amount of value it loses thereafter increases much quicker with each passing year due to a change in valuation practice.
This is because there is an extra element added to the calculation called marriage value. We would normally recommend extending your lease before it gets to 80 years to save paying that extra element, but if it has dropped below 80 years acting quickly can very beneficial.
Our experienced team of surveyors can help you every step of the way. We undertake lease extension and enfranchisement valuations all across London and have helped hundreds of clients extend their lease or buy their freehold. To find out how much it would cost to extend your lease, call us to book your valuation today.
market valuation reports
These types of valuations are carried out for a range of reasons, and where a valuation is needed to be relied on for other purposes, such as tax liability calculations, you are likely to have been advised to instruct a firm of Chartered Surveyors.
We provide a range of Market Valuation reports which are written in plain English, with our opinion of Market Value justified in writing. We’re always happy to explain our considerations as well.
A number of valuations also need to comply with the Royal Institutions of Chartered Surveyors regulatory guidance. The RICS Red Book provides best practice guidance for Valuations such as for assessment of Inheritance or Capital Gains tax, for Compulsory Purchase, for acquiring additional shares in a Housing Association Shared ownership property and for a range of other purposes.
There is also additional guidance elsewhere such as if a Market Valuation report is being used for court purposes, potentially in litigation, it needs to comply with Part 35 of the Civil Procedure Rules (CPR).
We have a highly experienced team who have dealt with thousands of Market Valuation reports over the years so get in touch if we can potentially help you.