Peter Barry Chartered Surveyors provide house valuations and flat valuations across London and the surrounding counties for a variety of purposes.
These valuations are carried out in accordance with the RICS Valuation – Professional Standards, and are commonly called ‘Red Book’ valuations.
You can navigate to our dedicated pages for Capital Gains Tax Valuations, Inheritance Tax Valuations, Help to Buy & Shared Ownership Valuations, Roof Space, Basement & Vault Valuations, Lease Extension Valuations and Freehold Enfranchisement Valuations. Additionally we are regularly asked to carry our valuations for a variety of other purposes, some of which include:
Purchase & Sale Valuations
If you are involved in a property transaction it is often difficult to know whether the price you have agreed to purchase a property for, or the amount you have agreed to sell it for, represents fair market value. If you are buying or selling a property in a off-market transaction you may need assistance in agreeing a fair price. We are regularly instructed by both buyers and sellers involved in property transactions who wish to obtain independent professional valuation advice.
Tax Valuations
In addition to Capital Gains Tax Valuations and Inheritance Tax Valuations we are regularly asked to provide valuations for other tax purposes, including the Annual Tax on Enveloped Dwellings (ATED). Whatever type of tax situation you are facing, our team of Chartered Surveyors will be able to assist.
Accounting Valuations
We undertake residential property valuations for a variety of organisations who require property valuations for accounting or internal auditing purposes. Revaluations are often carried out on an annual basis.
Matrimonial Valuations
Peter Barry Surveyors can provide valuations to assist couples who are trying to amicably agree a separation. We can also provide Single Joint Expert matrimonial valuations for Court purposes in cases where we are instructed by the parties solicitors directly.
When instructing Peter Barry Chartered Surveyors a specialist Chartered Surveyor & RICS Registered Valuer will be allocated to your case. Our team of valuation specialists can assist with complex and unusual valuation matters, including the valuation of freehold reversionary assets, intermediate leasehold interest valuations, specialist statutory valuations and historic valuations.
Freehold Enfranchisement
As an alternative to a lease extension, leaseholders in a block can acquire the freehold in what is technically known as enfranchisement (as a rule this is more than 50% participation).
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Lease Extension
The Leasehold Reform, Housing and Urban Development Act 1993 (as amended) gives flat owners the right to a lease extension of 90 years on top of the current lease, and a reduction of their ground rent to a peppercorn.
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Absentee Freeholders
When flat owners find themselves with a missing freeholder it can cause real problems. The freeholder will typically be responsible for insuring the building as well as organising external maintenance and repairs.
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