As part of your Redemption process you will need a RICS Help To Buy valuationcarried out by a RICS Registered Valuation Surveyor. Target require the Help to Buy valuation to establish the Market Value of your property whether you have sold or are just repaying the loan. Give us a call today to give you a competitive quote and see how we can help.
Help To Buy valuations in full accordance with RICS Red Book guidelines which will include full Professional Indemnity Insurance.
The criteria for the valuation is quite strict and Target will reject incorrect/incomplete valuation reports. We have carried out over 1,000 RICS Help to Buy valuations with no rejections. The latest administrators – Target – now do not refer to the panel surveyors and refer you directly to the RICS website.
Our RICS Help to Buy valuation fulfils the criteria required by Target for your redemption but our speciality lies with the advice we give to our clients. Having advised on how to repay the Help to Buy loan as part of our valuation service, our testimonials confirm that some of our quickest redemption’s have been completed in minutes.
The RICS valuation is an important part of the process but knowing what else to submit, understanding what is required by Target, and the actual advice we give to clients on the submission and telephone discussion, has led to numerous successful redemption’s.
Winfields adheres to all the strict guidelines as outlined by Target HCA, and for your refrence we are NOT affiliated with our own or any other estate agency.
When instructing the RICS valuer please ensure you inform them that:
The 3 comparable properties must be included in the valuation report; the comparables must have the door number and one part of the post code if the full post code cannot be obtained. This can be within a 5 mile radius of the subject property. Failure to do so will result in the valuation being rejected.
If the valuation report does not meet the above guidelines, you will be required to liaise with the valuer to ensure it does.