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Valuations

Watsons can provide a valuation of your property which may be needed for a variety of reasons, including secured lending purposes, sale, probate, litigation, property development or taxation. With our property expertise and local knowledge, you can be sure that the valuation you receive is a true reflection of the current market.

Both a valuation of your purchase and a Rebuilding Cost Assessment for insurance purposes are normally, but may not be, included in RICS HomeBuyer Reports. We also provide property valuations for mortgages and any other purposes.

Our valuation survey incorporates the following factors:

  • Insurance.
  • Tax.
  • Matrimonial.
  • Probate.
  • Commercial.
  • Shared ownership.
  • Social housing.
  • Rent review.

New Build Snagging

If you’re buying a brand-new property, we can assist with a snagging, or Schedule of Outstanding Work report, once the sale has been completed

“It is your housebuilder’s responsibility to check and fix any cosmetic defects before you complete on the sale, but it is unlikely they are going to pick up on everything.”

A snag is a small defect or problem that remains in your property after the building work has been completed. It is typically something that is damaged or broken; not fitted properly or looks unfinished – think of a scratch on a window or a missing hinge on a door.

Specific Defect Analysis

Our Specific Defect Analysis focuses solely on major issues. It is particularly intended to investigate possible causes for a particular issue, as well as implications and recommendations as to remedial work. The Specific Defect Analysis will be a relatively brief document which confirms the surveyor’s findings and outlines the remedial work(s) that will be required. Whilst this report is particularly useful for establishing the extent of a specific issue without having to undertake a full Building Survey, it cannot be seen as a substitute and will not cover any defects outside the scope of the client’s instructions.

Expert Witness

Our surveyors have experience in preparing expert witness reports and appearing in court in relation to the value and condition of all types of property.

Our experts include; Andrew Tayler, Ray Smith, Ian Frost. Our surveying team are happy to advise you on the right survey or report for you.

Matrimonial Valuation

If you are currently in the process of getting a divorce or dissolving your civil partnership, you will have to make a huge decision regarding your financial situation with relation to what happens to the family home.

Your home is likely to be the most expensive investment you will ever make so it’s little wonder that when a family breaks down, a property will be the centre of a divorce settlement.

What happens to the home is entirely up to the couple and what they want.

Dividing and Valuing your Home

During the process, you will be able to buy your partners share of the property or split the money from the final sale price.

It’s recommended that a valuation report is conducted. This is an independent and professional assessment of the value of the property. All of our services are regulated by the Royal Institution of Chartered Surveyors (RICS) so you can rest assured you will be receiving a quality report.

To find out more information, please call 01603 751577 or email survey@watsons-property.co.uk

Probate Valuation

It’s never easy to experience a bereavement. Under these difficult circumstances, you may find that you are named the executor to a will which includes property assets and will need a probate valuation. It is strongly recommended, when requesting a probate valuation report, that you use a RICS regulated surveyor like Watsons, in order to make an unbiased and professional evaluation of the property.

Please be aware that you will be required to provide the date of death, the full name of the deceased and proof that you are the executor of the will, at the time of instruction. If you instruct a valuer who doesn’t meet the above criteria, you run the risk of having the property over-valued and this could leave you subject to inheritance tax.

By determining an accurate value of the property, you will then be able to more effectively divide the estate between any named inheritors.

Watsons Chartered Surveyors

Why do I need a home survey?

If you’re considering purchasing a new property, at Watsons we always recommend commissioning your own independent home survey, which will provide you with a clear understanding of the property’s condition. By having a home survey completed, you’re essentially avoiding any additional costs, stress and hassle further down the line, as the survey can help you avoid surprise additional costs for repairs.
Take a look at the Royal Institution of Chartered Surveyors (RICS) video below, on the importance of getting a home survey.

Not the right survey for you?

We also offer other surveys and valuations. Click one of the buttons below to find out more:

Contact your Nearest Surveyor:

Norfolk
01603 751577

Suffolk
01473 350095

Essex
01245 204233

Cambridgeshire
01223 656290

Lincolnshire
01522 308054

Leicestershire
01162 160002

Rutland
01572 498775

Nottinghamshire
01158 226531

Derbyshire
01332 985120

North Yorkshire
01904 238263

South Yorkshire
0114 553 9560

County Durham
0191 731 7610

Tyne & Wear
0191 731 7610

Northumberland
01670 336885

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