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.
Rics home surveys
lease extension and enfranchisement valuers
market valuation reports
Market VALUATION REPORTS
Shared Ownership & Shared Equity
RICS HOME SURVEYS
Lease Extension Valuation, West Kensington, W14
Our leaseholder client was seeking valuation advice in order to approach their freeholder directly with an informal offer. Our valuer undertook a desktop valuation and advised on the likely costs and tactical approach.
Inheritance Tax Valuation, Holland Park, W11
We were instructed to undertake a market valuation for inheritance tax purposes on a purpose built flat in Holland Park. Due to Covid-19 we were unable to inspect the property, however our Chartered Surveyor was able to do in-depth research into the block to be able to provide their professional opinion.
Lease Extension Negotiations, Ravenscourt Park, London, W6
A leaseholder that requested an informal lease extension offer from their freeholder had instructed us to verify the landlords offer and negotiate on their behalf to get the fairest settlement possible.
Lease Extension Valuation, Chelsea, London, SW3
We were contacted by a client looking to purchase a flat that had a short lease, however, was uncertain at what price they should be buying. Our Chartered Surveyor was able to speak with the Estate Agent to gain access, carry out the inspection and report back to the client, advising them on the likely costs of the lease extension and therefore in turn the best price to buy.
Lease Extension Valuation, Earls Court, London, SW4
Our Chartered lease extension Surveyor had undertaken a desktop valuation for a leaseholder client looking to extend their lease under the leasehold reform, housing and urban development act 1993.
Lease Extension Valuation, Hanwell, London, W7
The client who had owned their maisonette for a long-time needed advice regarding a lease extension. As their lease fell below 80 years, an extra element of value applied within the valuation called marriage value. Our chartered surveyor advised on the costs of the lease extension, proposed a figure for the section 42 notice and discussed next steps.
RICS Homebuyer Survey Report, Southall, Middlesex, UB1
A homebuyer survey was chosen by our client, as the property was a Victorian mid terraced house which had been subject to a number of structural alterations.
Our inspection revealed several significant defects and concerns. Party wall masonry to both elevations was also noted to be damp, with mortar joints between the bricks deteriorated in places. In addition, considerable dampness was found to the chimney breast masonry, together with loose and cracked render.
Moreover, a section of chimney breast had been removed. The remaining masonry above was supported on a short beam attached to the party wall by two angled brackets. This form of support no longer meets statutory requirements. There was a poorly constructed single storey rear addition. The roof tile covering had not been lined, and daylight was evident in places where tiles had slipped, allowing rainwater penetration. Given the overall condition of the property, along with our concerns over the various poorly executed alterations; we advised our client that the purchase price was excessive and that the property may not prove a sound purchase for the client’s particular circumstances.
RICS Building Survey in Southall, London, UB2
Unusually for a Building Survey, this was a ground floor maisonette. A Building Survey was chosen because it was a Grade 2 listed early Victorian property which had been marketed for a long time, almost immediately after the current owner bought it. Only minor issues such as a leaking downpipe and an uncertificated electrical consumer unit and gas meter box were identified, providing our client with comfort to proceed.
RICS Homebuyer Survey Report, London, Hammersmith and Fulham, W6
A homebuyer survey was chosen by our client, as the property was a Victorian mid terraced house that had been subject to refurbishment. Our inspection revealed no major defects, although we were able to advise our client on a number of maintenance issues that needed clarification, and provide reassurance and peace of mind, in respect of the alterations that had taken place, enhancing the property’s appeal.
RICS Homebuyer Survey, Brentford, London, TW8
A Large Victorian detached house.
A number of issues were commented upon, including a felt lined parapet gutter that was clogged, and there were some damp issues to the main walls.
RICS Building Survey Report, Yiewsley, West Drayton, UB7
A building survey was chosen by our client, as the property was a converted ground floor flat with basement accommodation, in a former Victorian end terraced house. The property has been subject to extensive underpinning in the past, and the property was being purchased as a buy to let. We identified a number of defects in respect of dampness and defective joinery and rainwater goods
RICS Condition Report and Probate Valuation, Hanwell, London, W7
A Homebuyer Survey was chosen because this large Victorian semi detached house was subject to probate, and the occupiers wanted to establish whether repairs were considered necessary, prior to disposal. We identified a number of defects in respect of dampness and defective joinery and rainwater goods, together with a number of drainage and potential tree root damage issues.
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.