- Rating
- Rate Audits
- Landlord and Tenant
- Valuation
- Dilapidations
Valuation
Valuation is inherent to everything we do. From Rating appeals to s.18 defence on dilapidations, everything involves some element of valuation. Indeed, Chartered Surveyors in General Practice are often referred to as "Valuers".
However, when a client requires a "valuation", they generally mean something more specific - such as:
- Valuation for accounts purposes
- Valuation for loan purposes
- Valuation for acquisition/disposal/share reallocation
- Valuation for insurance reinstatement.
Even the short list above can demonstrate the different nature of valuation required. Whilst an insurance valuation will be based on the cost of replacement, which in certain circumstances could be far more than its current value, the other valuations will usually be based on "Market Value".