Need a Building Surveyor in London?

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Building surveyor london

Cost of a Building Surveyor in London The cost for a building surveyor in London varies depending on the size of the property, but the present starting price is £650. Some people rely on mortgage valuations to gain an insight into a property’s condition, but these brief reports merely exist to help lenders adequately secure their loans. Unlike a comprehensive …

Snagging List

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Snagging List

What Is a Snagging List? A snagging list is a report that details all the issues that your developer needs to address after assuming their work is done. It provides you with the evidence of defects you need to ensure your developer meets its obligations. Common post-completion problems with new builds in London include: Cracking to Plaster Finishes Unfinished Fittings …

Insurance Reinstatement Valuation

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Do I need to pay for an insurance reinstatement valuation? You can estimate the cost of reinstating your property using online tools of varying reliability. However, if you over or undervalue your home, you could end up paying too much for insurance you don’t need or too little for insurance that provides inadequate cover. Obtaining an accurate reinstatement cost assessment …

Matrimonial Valuation

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Matrimonial Valuation

What is a matrimonial valuation? An impartial matrimonial valuation is required if the divorcees can’t decide on how to divide their assets fairly. You’ll need a valuation from a RICS registered valuer for a judge to decide how to distribute your assets in accordance with the law. Regarding your property, a divorce settlement briefly details: The home’s market value Locality …

Non-Domiciles Tax Valuation for London Properties

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Why do I need a non-domicile tax valuation? Various taxation laws apply to non-domiciles who sell or lease a home in London or anywhere else in the UK. Depending on your situation, you might be exempt from certain charges, and you may even be required to pay taxes on the gains from your property’s sale to your country of residence. …

ATED valuation in London

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Annual tax on enveloped dwellings (ATED) Valuation explained The government levies ATED on properties that fall under the ‘dwellings’ category, which means any property that can be partly or entirely used for residential purposes. Properties that aren’t classified as dwellings under the ATED scheme include: Guest houses Hotels Hospitals Boarding school accommodation Military accommodation Student halls Prisons Care homes In …

Property Valuations for CGT Purposes & Capital Gains Tax Valuation

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How does capital gains tax affect London residents? You need to pay capital gains tax when you sell or ‘dispose of’ an asset that’s increased in value. Your tax obligations are calculated on your gains rather than the selling price. If you bought a house in London for £200,000 and later sold it for £500,000, you’d pay tax on the …

Probate Valuation

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Lease Extension Valuation

What is a Probate Valuation? A probate valuation is required to distribute the deceased’s estate to the legal beneficiaries. You may need to pay inheritance tax if the estate’s value is over £325,000. The gains from any property’s sale are subject to capital gains taxation laws, but the amount you owe should be based on the estate’s value at the …

Right to Buy Valuation? Get your council home in London valued.

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An introduction to the government’s right to buy scheme The Right to Buy scheme allows tenants to purchase their council or housing association home at a significant discount. If you’ve lived in your property for between three and five years, you can get a discount totaling: 35% of your house’s value 50% of your flat’s value The discount increases by …

Shared Ownership – Equity share in a London home

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An introduction to Staircasing Staircasing is the process of purchasing all or some of the remaining equity in your shared ownership home. You can increment your equity share by a minimum of 10% up to three times, decreasing your ongoing monthly rental payments in the process. Why do I need an equity valuation? Because London property prices are prone to …