Formal valuations

 

As chartered surveyors we are qualified to provide valuations for any type of residential property. Apart from statutory valuations relating to the 1967 and 1993 Acts, we also provide valuations for the following purposes:

Annual Tax on Enveloped Dwellings (ATED)
Capital Gains Tax (CGT)
Corporation Tax (CT)
Inheritance Tax (IT)
Balance sheet purposes
Divorce proceedings

We subscribe to the database Lonres.com, which provides evidence on more than 90% of all residential sales throughout central London going back as far as 1984. In order to ensure that we are not unaware of any particular sale, we also consider evidence directly from the Land Registry.

Estate agents’ particulars very seldom provide sufficient information to analyse a sale properly. They may, for example, state “lease of approximately 42 years” or simply “leasehold”. We will always investigate to determine the exact unexpired term on the date of sale, the ground rent payable at the time, whether there is any provision for a review of that ground rent and whether there are any other covenants of an unduly onerous nature.