RICS
Valuations.
We provide expert property valuation services tailored to a wide range of needs. All our valuations follow the latest RICS standards, ensuring they are trusted, compliant, and recognised by lenders and governing bodies.
At First Property Surveys, we offer a comprehensive range of RICS valuations, serving clients throughout the North West and Midlands. With years of experience in the property market, our expert team delivers accurate, reliable, and detailed valuations you can trust.
Why Choose Us?
Help to Buy (England)
An assessment of your property’s current market value used to determine the amount needed to repay your Help to Buy equity loan. This valuation is required when you want to repay the loan (in part or in full), sell your home, or refinance your mortgage
Shared Ownership
An assessment of your property’s current market value, used to calculate the value of the share owned by you and the share owned by the housing association. It’s required when you want to buy more shares (staircase), sell your home, or refinance your mortgage.
Matrimonial Valuation
Required during separation proceedings to determine the current market value of jointly owned property. This valuation helps fairly divide assets between the parties involved, ensuring an equitable settlement based on the property’s current value.
Probate Valuation
Required to determine the current market value for estate and inheritance tax purposes. The valuation helps settle the estate fairly and comply with legal and tax obligations.
Portfolio Valuation
Required to assess the combined market value of multiple properties owned by a private individual. The valuation provides an overall financial picture for investment, management, or sale decisions
Our RICS Valuation Process
- Initial Consultation: We start by discussing your needs, providing expert advice, agreeing on a convenient date, and offering a clear and accurate quote.
- Property Inspection: A detailed valuation of your property’s interior and exterior, considering size, age, condition, location, and any special features.
- Market Research: We analyse recent sales of comparable properties nearby and assess current market conditions to provide an accurate valuation.
- Comprehensive Report: You’ll receive a detailed same-day valuation report explaining how we determined the final figure, with a full breakdown of all factors considered.
What our clients say
RICS Valuation FAQs
What is a RICS valuation?
A RICS valuation is a professional assessment of a property’s market value, conducted by a certified valuer. It is based on factors such as the property’s condition, location, age, size, and recent sales of similar properties in the area.
Who are RICS?
The Royal Institution of Chartered Surveyors, who regulate professionals and firms, ensuring we adhere to the highest standards.
When will I receive my report?
The completed written PDF report will be sent via secure email on the same day as the property inspection.
Is there a difference between a RICS valuation and a RICS survey?
Yes. A property valuation provides a professional estimate of the property’s market value, while a survey goes into more detail about the property’s condition, highlighting any defects or areas needing attention. Both are crucial, but they serve different purposes.
How much does a RICS valuation cost?
The cost of a RICS valuation depends on the size, style and period of property. We offer competitive pricing tailored to the individual property. Contact us today for a personalised quote.
Will I be able to discuss the RICS valuation with the surveyor?
Yes. You will be provided with the surveyor’s contact details, and they will be happy to discuss any aspects of the report with you once it has been issued.
How log are Help to Buy valuations valid?
In accordance with Target and Help to Buy England’s requirements, valuations are valid for 3 months.
What happens if my RICS Valuation expires?
If you contact us within 2 weeks of the expiration date, we will be happy to carry out a valuation extension.