Central London Shared Ownership Property Valuation from our team of RICS-qualified surveyors based in Central London.
We are on the Valuation Panels of most of the major London Housing Associations, with our valuation reports accepted by all Housing Associations in Central London.
One specialism of Aspect Surveyors is shared ownership valuation covering all aspects of the programme or properties in East London. We provide valuations throughout all of Central London including Camden, Hackney, Hammersmith and Fulham, Haringey, Islington, Kensington and Chelsea, Lambeth, Lewisham, Newham, Southwark, Tower Hamlets, Wandsworth, the City of Westminster, and the City of London.
Staircasing involves assessing the current market value of the shared ownership property when the homeowner wishes to buy additional shares. The resale of shared ownership properties requires a valuation to determine its worth when it’s put on the market, helping both buyers and sellers negotiate fair prices.
Equity loan repayment assessments are essential to calculate the amount owed to the government based on the property’s value at the time of repayment. In the case of Right to Buy and Right to Acquire, valuation helps determine the discounted purchase price for council or housing association properties.
Additionally, for those seeking lease extensions, valuation is critical to establishing the premium payable to the freeholder, which depends on the property’s value and the length of the extended lease. Accurate valuations are essential for making informed decisions and ensuring fair transactions in shared ownership in the UK.
Aspect Surveyors Limited is an RICS-accredited company that was formed in 2010. The firm specialises in providing a personal professional service to its clients and is expert in Shared Ownership Property Valuation in Central London. Aspect Surveyors is on the panel of many housing associations – here are just a few.
Shared ownership valuations are crucial for various aspects of shared ownership property transactions, including buying additional shares, selling shares, repaying equity loans, participating in government schemes, and extending lease terms. These valuations ensure fairness and accuracy in determining property values, which, in turn, affects financial transactions and agreements related to shared ownership properties.
If you want to sell or pay off part of your loan, you will need to a valuation from an RICS Certified valuer. That means a company like Apect Surveyors, regulated by the Royal Institution of Chartered Surveyors and completely independent of any estate agency or similar organisation.
If you have shared ownership of a property in Central London and would like to know its full value for staircasing or selling, contact us today. At Aspect Surveyors, we have helped a large number of clients with valuations of all kinds, including mortgage valuations, valuations for charitable organisations, valuations for probate, matrimonial purposes or other legal requirements, as well as shared ownership valuations.
