RETIREMENT, DECEASED ESTATE & PROBATE VALUATIONS
Valuations of retirement village units include detached or semi-detached residential dwellings with car parking and small private yards.
Residents pay an amount on entry for a license granting the right of occupation. On departure from the village, an agreed proportion of either the original purchase price or the sale price is paid to the outgoing resident.
We provide two figures; a current value of the unit as is and the other figure based on small improvements, ie paint, new floor coverings etc.
Valuations figures are based on comparable units sold in the same establishment and similar establishments while also including sales of similar non retirement village units.
DECEASED ESTATES: PROBATE, WILLS
Deceased Estates and Probate Property valuations should be dealt with in a professional manner as they can be sensitive matters.
This valuation is required to assist in managing Estate's assets appropriately and can eliminate misunderstanding and disputes between beneficiaries (generally family members) as well as allowing for tax liabilities to be assessed.
In the case of deceased estate, an executor must obtain a "Grant of Probate", allowing the property title to then be amended at the Land Registry office.
An independent valuation will determine fair market value of the property as at the date of death or for pre sale purposes. Knowing what the subject property is worth is fully advisable before entering into negotiations with family or real estate agents.
Therefore, it is recommended that prior to selling or transferring the subject property, a Valuer should be engaged to determined fair market value.
To request a quote, please enter your details below, along with the subject property's address. Alternatively, please feel free to telephone for a quote.