Let Agreed £31,000 pax
Property valuations at Berrys include work for charities
Published May 20th, 2014
Property valuations are essential to any house or land transaction and are part of everyday work for chartered surveyors. The terms of instruction and purpose of the valuation will make a difference to the emphasis of the valuation report.
“A property valuation is not a one-size-fits-all commodity,” says Ben Corbett, partner with Berrys based at the Herefordshire office at Kinnersley.
“A secured lending valuation, for example, will not be the same as a valuation for sale or tax purposes and each type of report will have a different legal requirement and will require different information.”
Formal valuations can be required unexpectedly, for a range of purposes – such as a capital gains valuation following the sale or transfer of assets, a probate valuation for inheritance tax purposes, a matrimonial dispute valuation or a commercial valuation due to company partnership dissolution or rearrangement.
Ben Corbett is one of Berrys’ RICS-qualified surveyors, all of whom are well equipped to deal with valuations for any purpose on any type of property – including land, commercial units, residential property and development sites.
“As members of the RICS Valuer Registration Scheme we are regularly monitored for compliance with best practice, ensuring a professional, efficient service,” said Ben.
“We are members of the valuation panels for the majority of High Street banks and the AMC and our valuations are acceptable to most lenders.”
Berrys also has a dedicated department dealing with Charities Act valuations and is approved by a large number of National Charities, offering advice on property matters.
In particular, Berrys has arranged numerous valuations to comply with Section 119 of the 2011 Charities Act, required where the charity is to sell property or where it has been appropriated.
As with all property, services include:
• Valuations, complying with Section 119 of the 2011 Charities Act.
• Sales of all types of property, including agricultural, commercial and residential.
• Conducting of surveys.
• Preparation of schedules of condition.
• Management of all types of property, ranging from commercial to residential.
• Assessment and appraisal of Agricultural and equine property and associated matters
• Planning and development
In more recent years, Berrys has assisted executors of estates and charities directly in the disposal of residential and commercial property by overseeing the sale of charity property.
In addition to legacy property matters, it also advises charities on the disposal and acquisition of branch charity shops as well as handling dilapidation claims, rent reviews and all landlord and tenant issues.
No matter where the property is located Berrys can assist. All the charity work is quality controlled to comply with requirements of the Charities Act through its dedicated Charities Department at the Towcester office.
For advice on valuation or property matters contact Ben Corbett at Berrys’ Herefordshire office on 01544 598080 or email firstname.lastname@example.org. The charities department is at the Towcester office on 01327 356140 or email Andrew.email@example.com.