Help to Buy Valuation
RICS Help to Buy Valuation by Expert Chartered Surveyors Firm
If you’ve acquired a property through the Help to Buy scheme and are considering repayment, remortgaging, or selling, Homes of England requires that you obtain an independent Help to Buy Valuation report produced by an RICS regulated chartered surveyor.
“Our dedicated team, regulated by the Royal Institution of Chartered Surveyors (RICS), is committed to providing comprehensive and compliant valuations in line with the RICS professional standards and Homes of England criteria.”
The Help to Buy valuation report provided by Erikas Grig Chartered Surveyors offers a comprehensive analysis of your property’s current market value. This report is a meticulous examination conducted by an experienced chartered surveyor, supplying you with essential insights crucial for various financial decisions, such as repayment, remortgaging, or property sale.
Why Choose Us For Your Help to Buy Valuation?
We have come across instances where people have submitted estate agents’ valuations, mortgage valuations and poorly drafted valuation reports that do not conform to the criteria set by Homes of England. Help to Buy valuation reports provided by us carry zero risks of being rejected by Homes of England for being non-compliant.
Erikas Grig Chartered Surveyors takes pride in having conducted over 2,000 Help to Buy valuations for homeowners participating in the Help to Buy scheme. This extensive experience not only underscores our commitment to providing quality service but also serves as a testament to our in-depth understanding of the valuation process. Our track record demonstrates a thorough adherence to the set criteria established by Homes England. We remain dedicated to leveraging our wealth of experience to deliver valuations that align seamlessly with the stringent standards of Homes England, ensuring homeowners receive accurate and compliant reports for their Help to Buy equity loan transactions.
Frequently Asked Questions
Explore our comprehensive FAQ sections, crafted to provide clear and detailed answers to common inquiries we get about Help to Buy valuation and our company.
What is Help to Buy valuation report criteria set by Homes of England?
Our valuation report complies with Homes of England set requirements which are as follows:
- Must be prepared by a member of RICS who is also a registered valuer
- The valuer must be independent of an estate agent
- The report must be signed and produced on a company headed paper and addressed to Homes of England
- The valuer must provide at least 3 comparable properties that sold within the last 12 months
- The comparables must be within 2 miles radius of the subject postcode and be of similar design, size and type
- The valuer needs to physically inspect the property and show the inspection date on the report
Please note If you decide to proceed with equity loan redemption you must send the valuation report to Homes of England within 5 working days of receiving it.
How long the Help to Buy valuation report is valid for?
All help to buy valuation reports are valid for a period of 3 months from the date of valuation. If you still need the valuation report to be active then you will need to obtain a desktop valuation.
When do you need a Help to Buy desktop valuation?
If your original report expires and you still need the valuation to be valid. You will need to obtain a desktop valuation from us which will grant you an additional 3 months validity.
You must get in touch with us 2 weeks before initial report expiry to request a desktop valuation.
Please note that 3 months is an adequate timeframe for the market value of your property to change and there is always a possibility that desktop valuation will result in a different value.
How does a Help to Buy valuation work?
Conducting a thorough examination, a chartered surveyor with local knowledge will inspect your property. Inspection encompasses an overview of the property, including its construction, location, and accommodation attributes.
After the inspection, the surveyor will then compile all the information noted during a visit in the valuation report and compare your property with local comparable sales sold within the last 12 months. Then valuation of the property is conducted with meticulous detail, offering a comprehensive description of the evidence relied and states the market value at the date of valuation.
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We take immense pride in our unparalleled track record, with not a single one of our valuation reports ever being refused to be accepted by Homes of England, a testament to our unwavering commitment to precision and compliance with valuation standards.
Erikas Grig MRICS
Director, Erikas Grig Chartered Surveyors
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See What Our Customers Are Saying
Our team’s passion for precision and personalized service ensures every customer feels heard and cared for, leaving them thrilled with the results.
Fantastic service from Erikas and Iveta for a survey that was needed to sell my shared ownership flat. Responses to enquiries were swift, the survey was carried out quickly and professionally, with the report issued promptly afterwards.
They also reissued the report within a very tight timeframe when we were ready to exchange as well. I would highly recommend them!
I’m so glad I chose Erikas as my party wall surveyor. From start to finish he was professional, calm and full of integrity, and he really helped navigate what turned into quite a tricky situation due to building works happening around my flat. The role isn’t an easy one — he was acting on behalf of my flat but technically being paid by the developer — yet he handled that balance perfectly and always made me feel like my concerns were taken seriously.
I don’t know much about surveying or building matters, but Erikas took the time to explain everything clearly and patiently. He stayed level headed and focused on getting a fair outcome. I’d highly recommend him to anyone needing a party wall surveyor and I’m extremely thankful I chose him to be my party wall surveyor.
Read MoreFantastic service from start to finish for our Help to Buy valuation. Competitive price and timely communication throughout. The final report was sent through right on time. Would highly recommend.
Read MoreA Quick Way To Get In Touch With Us
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