Help To Buy Valuations London – From £200
What is a Help to Buy RICS Valuation?
A Help to Buy RICS valuation is a formal property assessment conducted by RICS-qualified chartered surveyors to determine your home’s current market value. This is not a general home condition survey, but a specific valuation required by equity loan administrators to calculate repayment amounts for your Help to Buy loan.
Foundation Surveyors are expert RICS-accredited chartered surveyors, specialising in Help to Buy valuations across London. As RICS-regulated professionals, we provide independent, accurate valuations that meet the strict standards required by all major equity loan administrators. You can trust us to provide you with an accurate valuation at a low cost. Contact us today to get a free quote.
When Do You Need a RICS Help to Buy Valuation?
You’ll require a professional RICS surveyor specialising in Help to Buy valuations in the following circumstances:
- Selling your property – A RICS valuation help to buy report is mandatory before completing your sale
- Repaying your equity loan – Whether full or partial repayment, you’ll need an updated valuation
- Remortgaging your home – Your new lender and the equity loan administrator will require a current market valuation
- Staircasing – When purchasing a larger share of your property, a fresh RICS help to buy valuation determines the current value
Each scenario requires the same rigorous process, ensuring you receive an accurate, administrator-approved valuation report.
If you have benefitted from the Help to Buy scheme and are currently in a position to remortgage, with a view to repaying your loan, then a RICS-regulated valuation will be required.
Alternatively, if you received a Help to Buy equity loan to purchase your property and you now want to sell, you will need to repay your equity loan at the time of sale.
Whether you are re-mortgaging or selling your property, you must instruct an RICS-regulated independent chartered valuation surveyor to carry out the valuation.
Foundation Surveyors meet the pertinent criteria outlined by Target Services Limited (Target) to carry out Help to Buy valuations as defined below:
Help to Buy Valuation Cost and Process
- Our help to buy valuation costs start from £200, with the fee paid directly by you as the property owner.
- Most help to buy valuations are completed within 3-5 working days of instruction.
- Your help to buy valuation report remains valid for three months from the date of issue, meeting standard equity loan administrator requirements.
- We ensure every RICS help to buy valuation report meets your specific administrator’s formatting requirements, preventing delays in your transaction.
For an accurate help to buy valuation cost quote tailored to your London property, contact our team today.