Valuations

We offer valuations for a variety of reasons as outlined below. Whether you are Buying, Selling, Remortgaging or Something Else – We can help you make an informed decision about your property. Better Prepared are regulated by the RICS and will provide you with an expert opinion of the value of a property regarding the current market value

Shared Ownership Valuations – A Shared Equity Valuation is specifically required for those properties which are usually held under a lease and owned by a Housing Association, Local Authority or similar body. Shared Equity Valuations are required by these organisations before buying or selling shares. Better Prepared specialise in providing these types of Shared Equity Valuation reports 

Help to Buy Valuations – Better Prepared specialise in providing RICS Help to Buy valuations for paying back the Government’s Help to Buy Scheme and other such schemes such as First Buy and Home Buy Direct. We will help you with the process required to redeem your Help to Buy with Target HCA, etc., by providing the required valuation report, which is specifically designed for redemption.  

Valuation for Purchases – Better Prepared can carry out a valuation for the purpose of purchase to give you peace of mind that you are paying a fair price for the property. 

Matrimonial Valuations – If you share a home with a long-term partner and the relationship comes to an end Better Prepared are able to provide you with an independent report which will be relied upon in upon in court. The report will be an unbiased, true opinion of the value of the home to assist with asset division. 

Probate Valuations and Inheritance Tax Valuations –
The executors of a deceased person’s estate will often need a probate valuation in connection with a potential tax liability. A probate valuation can be used to help determine the value of any interim payment from the estate to the beneficiaries, pending the sale of the property. Where an estate is likely to be subject to inheritance tax and, amongst its assets, comprises a property or land. Better Prepared are able to provide you with an RICS ‘Red Book’ valuation.

Capital Gains Tax Valuations  – Capital gains tax (CGT) is payable when you sell an asset that has increased in value since you bought it. The rate varies based on a number of factors, such as your income and size of gain. Better Prepared are able to provide you with a valuation for this.  

Lease Enfranchisement Valuations – With a leasehold property, you only own it for a set period of time as set out in your lease agreement. You may wish to extend your lease or purchase a share of the freehold this is referred to as Leasehold enfranchisement. Better Prepared can carry out the valuation and assist with negotiations on your behalf.