When a couple divorce, whether an informal settlement is agreed or formal court proceedings are required, the assets will need to be valued including any property. An independent report will need to be prepared by an RICS Registered Valuer who will determine the market value of the property at a given date.
If you want to buy your partner’s share or sell your home and divide the proceeds of the sale, you will need to obtain a market value for the property. A valuation report prepared by a RICS Registered Valuer is recommended, as this is an independent, professionally prepared assessment of a property’s value at a specific point in time. The report, unlike an estate agent’s estimate, is based on standards set out by RICS.
By appointing an RICS registered valuer, you can be confident that you are working with regulated and qualified professionals who:
- adhere to the Red Book valuation standards
- are committed to openness and transparency
- are experts in their field, delivering comprehensive reports.
A matrimonial valuation will provide you with an accurate value of the property which is vital to separation proceedings. You may chose to instruct the valuation as a single party, or alternatively both parties can jointly instruct us to carry out a valuation of the property. Our matrimonial valuations comply with the rules and guidance of the RICS Red Book, if required (in the case of court proceedings) they can also be undertaken in accordance with part 35 of the Civil Procedure Rules (CPR) 1998.
Here at Lawrence & Taylor – Chartered Surveyors we believe Valuation costs should be transparent, fixed and never include any hidden extras.
All of our Matrimonial Valuations are set at fixed a cost and include the inspection, report, discussion and recommendations once the report is complete and in the hands of our clients.
Our Matrimonial Valuation costs start at £600.