Matrimonial Valuation

If you are in the position where your civil partnership or marriage is being dissolved, one of the many stresses is working out the fair asset split in the divorce between couples. This can be a daunting task especially if divorce is contentious and each party has its own opinion of the asset value.

The matrimonial home is usually the most important single asset in the family. When the family takes divorce route a house often becomes a key piece during the divorce settlement.

Splitting assets after divorce will depend on whether both parties agree to a fair settlement and not oppose each other wishes.

In any case, in order to work out the fair value of property assets, it is always recommended to obtain a professional matrimonial valuation which is prepared by RICS regulated valuer.

Matrimonial valuation should be completed by an external valuer who has no vested interest in the property and that can accurately assess property value at the required valuation date.

The valuer is usually appointed by both parties solicitor as a single expert representing neither party, so the report is without any conflict of interest.

Why Getting Matrimonial Valuation Is A Good Idea?

Matrimonial valuation is particularly of benefit where multiple assets are owned in the matrimony and these assets require splitting after divorce. Rather than arguing or contesting who gets what. By obtaining an accurate matrimonial valuation, you will get an insight into the value of the family assets.

Valuation report on the property assets will provide you with the clarity you need and leave no room for ambiguity so that property assets could be split appropriately and fairly between the divorcing couple.