As independent Local Chartered Surveyors, we can provide essential advice on the property you are looking to buy.
There are 4 main types of surveys that we can complete, these are all identified below.
RICS Homebuyers report
The is the most universal and recommended report we carry out. This report is often preferred by solicitors for any potential buyer as it compacts all of the information into an understandable document.
It is a highly detailed report which is easy to read and covers all aspects of the property . As well as the main report you will also receive personal advice from the professional surveyor who will be able to explain and help you with any potential problems that may be found.
The report will identify defects on a traffic light basis (pictured):
RED - urgent repairs needed
YELLOW - maintenance repairs needed
GREEN - no repairs needed
The report will then highlight any further reports needed including: DPC/Timber, electrical and structural engineers report.
Target HCA Help To buy Valuations
If you require our service please :
Phone - 01706 353424
Email - ben@crossley-estates.co.uk
for an instant quote and booking date (usually within 24 hours)
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Help to Buy surveyors must use strict valuation criteria
Help to Buy loans are managed on behalf of the government by a company called Target. Crossley surveyors meet all of the Target Help to Buy valuation criteria:
– We are RICS Certified Help to Buy Surveyors and Valuers
– Valuations are carried out in accordance with RICS Valuation Standards (Red Book)
– We are completely independent from any estate agency
– Our report will be on headed paper, will be signed by a member of the RICS and addressed to Target HCA
– We will provide at least three comparable sales (matching property type, size, and age and within a 3 mile radius of the property in question)
– We carry out a full conflict of interest check upon inspection to ensure no conflicts exist
– We will inspect the interior and exterior of the building and provide a full 7/8 page report
– The inspection date will be shown on the report
Help to Buy surveyor valuations carried out by Crossley Surveyors also comply with the RICS ‘Red Book’ – a guidance document that sets out high professional and ethical standards for property valuations.
What does a Help to Buy valuation include?
– Inspection of the property by a surveyor local to the area
– Overview of the property, its construction, locations and accommodation
– Overview of the property’s general condition, with photographs
– Details of three comparable properties nearby that have been sold in the past 12 months
– Valuation of the property, with a detailed description of the evidence and assumptions used
How long are Help to Buy valuations valid?
In accordance with Target requirements, Help to Buy valuations are valid for 3 months. If it is less than 2 weeks since the expiration date, we can carry out desktop research to extend the valuation for a further 3 months.
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Understanding your Help to Buy valuation report
The first page of the report provides an overview of the property, with information on its location, size and tenure. This is where you can find out when the property was built and whether or not it is standard-construction. Available data on the sales history will also be included here.
The comparables are used to help determine your home’s market value. Comparables are similar properties nearby. These are assessed against your property for things like size, condition, fittings and location. This helps the surveyor decide whether the comparables would be expected to have a higher, lower or similar value to your property.
At the end of the report you will find the surveyor’s assessment of the current housing market in the area – they will note whether it is rising, static or falling. Finally, you will find the estimated market value, along with any pertinent notes and evidence on how that value was determined.
We are specialists at Help to Buy Valuations for Target Help to buy and would welcome your instruction.
RICS Building Survey
This is the most in-depth comprehensive report we carry out, often recommended for properties over 200 years old or with a history of serious defects. It operates a similar traffic light system as seen in the homebuyers.
Letter Form reports
• Probate Valuations
• Matrimonial Valuations
• Property Assessment Valuations
• Help To Buy Valuations for companies such as Target HCA
The letter form valuation is a limited inspection report often for bank purposes. It will assess the basic condition and give a RICS approved Red Book Valuation.