The Royal Institution of Chartered Surveyors has in place a set of professional standards of which all members and member firms have to abide by. There are myriad reasons why one might need to engage the services of a building surveyor in Essex; listed below are just a few.

• Investment – Valuations for buy-to-let purposes

If you are in the process of buying a property to subsequently let the property for income, it is essential in getting the valuation correct. This is essential, especially if the property is to be mortgaged.

The lending company will want to know that you will be able to make the monthly payment, and in most cases this comes from the monthly rental income. In order to let the property at an adequate, fair and marketable rental, a valuation for buy-to-let is an invaluable tool

• Divorce – Valuations for dispute resolution or litigation

Anyone entering in to a marriage or civil partnership does not do so with the intention of getting a divorce down the line. Unfortunately, even love the best laid plans cannot guarantee that divorce will not be the outcome. Typically, if this eventual scenario occurs, and there is a mutual property to be sold and the proceeds split between the warring factions, it is essential a thorough valuation is undertaken, to ensure a fair division of the assets of the marriage or partnership.

• Capital Gains Tax – Valuations for solicitors and accountants linked to HMRC

Everyone loves the taxman – our favourite public servant. Without the taxman, all we British people would have to moan about is the weather. Fortunately, the weather cannot be taxed. Unfortunately, gains made on the sale of a single or multiple properties, depending on the circumstances, may be liable to capital gains tax.

Ensuring you do not pay too much tax or worse, too little tax so the taxman can chase you to your grave, a valuation for capital gains tax mitigation is essential.

There are many more reasons why you may need at some time to engage the services of a building surveyor / valuer.

If you need help or indeed aren’t sure how we could help you in the surveying and valuing of your current property or property portfolio, contact us as follows:

• 0800 023 2424 (Freephone)
• Email: admin@chekes.co.uk
• Call in at our office St John’s Green, Writtle, Chelmsford

We look forward to seeing you.