Our Services
Valuation Reports
A Market Valuation will provide a professional opinion of value for a property in the current prevailing market conditions at the date of valuation. Our RICS Registered Valuers will objectively analyse and assess a number of factors when arriving at the Market Value of a property, in the current prevailing market conditions. All valuations are undertaken in accordance with the RICS Valuation Professional Standards incorporating the International Valuation Standards (The Red Book).Find Out More
Below is an example of Professional Valuations carried out:
Secured Lending Valuations
Capital Gains Tax Valuations
ATED Valuations
Probate Valuations
Inheritance Tax Valuations
Change of Title/Gifted Valuations
Commercial Valuations
Help to Buy Valuations
Shared Ownership Valuations
Property Investor Valuations which includes Rental Advice
Home Survey (Level 2)
Buying a property is one the most expensive purchases an individual will make. Here at Southview Surveyors, we provide a Home Survey (with or without valuation). The survey is carried out by a qualified surveyor who completes a detailed visual inspection of the property. It provides an account of the property’s condition at the time of the inspection and will highlight any significant problems with a ‘traffic light’ rating system. This system is designed to be easy for the prospective purchaser to understand. There is also a legal section which highlights any concerns to your conveyancer, in addition to their usual searches and enquiries. Some of the defects highlighted within the report can be costly. This can be taken into consideration when renegotiating the purchase price. The Home Survey will provide you with the information to make an informed decision on whether to purchase to property or not. The Surveyor who has carried out the survey will be available to discuss the report with you, to answer any questions you may have prior to legal commitment to purchase.Find Out More
It is based on a standard format that is approved by the RICS and is suitable for most properties.
For purchasers who have had a mortgage valuation already:
The RICS Home Survey (Level 2) Report provides:- An intermediate-level report designed for standard property in reasonable condition
- A concise report on significant defects and any further investigation required
- Defects graded on a ‘traffic light’ system
- The condition of the external and internal elements of the property
Click here to download a PDF containing a description of the Home Survey (Level 2).
For purchasers who haven’t had a valuation or who are cash buyers:
The RICS Home Survey (Level 2) & Valuation Report provides:- An intermediate-level report designed for standard property in reasonable condition
- A concise report on significant defects and any further investigation required
- Defects graded on a ‘traffic light’ system
- The condition of the external and internal elements of the property
- The surveyor’s opinion of market value
- An estimate of the re-building cost/ insurance purposes
Click here to download a PDF containing a description of the Home Survey (Level 2) & Valuation.
Lease Extension Valuations
1. Leasehold Extension Valuation Report only (without negotiating with the Freeholder) The lease extension valuation calculates the amount you'll need to pay your freeholder to add an additional number of years to your current lease term.2. Negotiating with the Freeholder Negotiations are started by serving a notice on your freeholder which stakes your claim to your lease extension and offers them a price. This will need to be a reasonable starting point but will often be on the low side to leave some space for negotiation. Your freeholder will then respond with a counteroffer, which is commonly much higher – sometimes unreasonably so. A negotiation will almost always be required. Your valuer and the freeholder’s valuer will then exchange their calculations, which allows both sides to see where the differences lie. A good negotiator will present evidence which supports your position whilst countering the freeholder’s evidence with arguments to undermine it. It is common that each side will make concessions based on the evidence and arguments presented. Usually, this ends up in finding a figure that everyone is prepared to accept.
3. Negotiating thereafter with the freeholder or if it goes to tribunal If you can’t agree a premium with your freeholder, then the recourse is to make an application to the First Tier (Property) Tribunal who will determine it for you.
Find Out More
Lease Extension Valuations
1. Leasehold Extension Valuation Report only (without negotiating with the Freeholder) The lease extension valuation calculates the amount you'll need to pay your freeholder to add an additional number of years to your current lease term.2. Negotiating with the Freeholder Negotiations are started by serving a notice on your freeholder which stakes your claim to your lease extension and offers them a price. This will need to be a reasonable starting point but will often be on the low side to leave some space for negotiation. Your freeholder will then respond with a counteroffer, which is commonly much higher – sometimes unreasonably so. A negotiation will almost always be required. Your valuer and the freeholder’s valuer will then exchange their calculations, which allows both sides to see where the differences lie. A good negotiator will present evidence which supports your position whilst countering the freeholder’s evidence with arguments to undermine it. It is common that each side will make concessions based on the evidence and arguments presented. Usually, this ends up in finding a figure that everyone is prepared to accept.
3. Negotiating thereafter with the freeholder or if it goes to tribunal If you can’t agree a premium with your freeholder, then the recourse is to make an application to the First Tier (Property) Tribunal who will determine it for you.
Find Out More
Lease Extension Valuations
1. Leasehold Extension Valuation Report only (without negotiating with the Freeholder)
The lease extension valuation calculates the amount you’ll need to pay your freeholder to add an additional number of years to your current lease term.
2. Negotiating with the Freeholder
Negotiations are started by serving a notice on your freeholder which stakes your claim to your lease extension and offers them a price. This will need to be a reasonable starting point but will often be on the low side to leave some space for negotiation. Your freeholder will then respond with a counteroffer, which is commonly much higher – sometimes unreasonably so. A negotiation will almost always be required. Your valuer and the freeholder’s valuer will then exchange their calculations, which allows both sides to see where the differences lie. A good negotiator will present evidence which supports your position whilst countering the freeholder’s evidence with arguments to undermine it. It is common that each side will make concessions based on the evidence and arguments presented. Usually, this ends up in finding a figure that everyone is prepared to accept.
3. Negotiating thereafter with the freeholder or if it goes to tribunal. If you can’t agree a premium with your freeholder, then the recourse is to make an application to the First Tier (Property) Tribunal who will determine it for you.
Energy Performance Certificates
You’ve definitely seen them, you just might not have known what they were called. Energy Performance Certificates (EPCs) state how energy-efficient a property is, with a coloured coded key. From the green A (very efficient) to the red G (inefficient), it is a legal requirement to undergo an EPC survey which will highlight improvements that should be made.
In line with the Government’s proposed enhanced energy commitments, it is possible that EPC requirements could change to a minimum EPC rating of C or above by 2025 for new tenancies, by 2028 for existing tenancies and by 2030 for all other properties. Upgrading of the property should be factored in as the value may be affected in the future if this is not carried out or an appropriate exemption cannot be obtained.
EPCs are valid for 10 years. Make sure your residential property has a sufficient energy rating that can help you improve your building.
Find Out More
Energy Performance Certificates
You’ve definitely seen them, you just might not have known what they were called. Energy Performance Certificates (EPCs) state how energy-efficient a property is, with a coloured coded key. From the green A (very efficient) to the red G (inefficient), it is a legal requirement to undergo an EPC survey which will highlight improvements that should be made.In line with the Government’s proposed enhanced energy commitments, it is possible that EPC requirements could change to a minimum EPC rating of C or above by 2025 for new tenancies, by 2028 for existing tenancies and by 2030 for all other properties. Upgrading of the property should be factored in as the value may be affected in the future if this is not carried out or an appropriate exemption cannot be obtained.
EPCs are valid for 10 years. Make sure your residential property has a sufficient energy rating that can help you improve your building.
Find Out More
Energy Performance Certificates
You’ve definitely seen them, you just might not have known what they were called. Energy Performance Certificates (EPCs) state how energy-efficient a property is, with a coloured coded key. From the green A (very efficient) to the red G (inefficient), it is a legal requirement to undergo an EPC survey which will highlight improvements that should be made.In line with the Government’s proposed enhanced energy commitments, it is possible that EPC requirements could change to a minimum EPC rating of C or above by 2025 for new tenancies, by 2028 for existing tenancies and by 2030 for all other properties. Upgrading of the property should be factored in as the value may be affected in the future if this is not carried out or an appropriate exemption cannot be obtained.
EPCs are valid for 10 years. Make sure your residential property has a sufficient energy rating that can help you improve your building.
Find Out More
Our Clients
Local Estate & Letting Agents
Local Solicitors
Lending Institutions
Housing Associations
