Valuations:
The
valuation of a property is usually directly related to its market value and
this is where the art, some would say dark art, of the valuation comes into its
own. The purpose of a valuation will
have a direct influence on its outcome and therefore has to be specific to the
requirement.
Valuations may be undertaken for many purposes
including:
- Mortgage finance -
- Acquisition
- Probate
- Litigation
- Leasehold
Enfranchisement
- Property development
- loan security valuations
- asset and fund valuations
- valuations for accounts purposes
- retrospective valuations
- development appraisals
- valuations for corporate owners and occupiers.
and more……
As with any subjective view of a situation, in this instance the market
value of an asset, there exists the opportunity for dipute and
disagreement. In any situation whereby
someone is seeking to prove a value, another party will be seeking to disprove
it. It is therefore vital that not only
do you commission the correct valuation for the correct purpose but also that
you commission it from a surveyor with relevant and in depth experience.
James
Alexander Consultants can help you determine the best approach to valuations of
your asset base and get the right surveying team in place.
eMail us
on innovation@jaltd.co.uk or
see our contact page for our numbers. We look forward to speaking with
you.
