Residential Valuation Report

A basic mortgage valuation is a walk-through inspection only.

The valuation is usually suited to anyone either borrowing to purchase a property or re-mortgaging. It is normal practise that lenders will insist on having a valuation report prepared prior to agreeing to lend. This report is for the benefit of the lender not the purchaser.

If buying a newer property, less than 30 years old, this level of valuation is often enough to assess the approximate value of the property. However, you should be aware that a mortgage valuation is NOT a survey and will not highlight possible building defects

For further advice please contact Collertons head office where we will be happy to give you further assistance.

Homebuyers’ Survey & Valuation Report

The homebuyers report is a mid-range, mid priced report designed by the Royal Institution of Chartered Surveyors and can only be prepared by a Chartered Surveyor.

An inspection for a standard homebuyers report will typically take between 1 and 2 hours to complete, and will involve a careful examination of the interior and exterior of the property from roof to basement, including the site and it’s services and outbuildings. The surveyor will look for signs that indicate existing or potential defects. It is ideal for the majority of conventional houses and flats.

You will receive a concise and easily read pro-forma style report based upon a thorough (though non-invasive) inspection. It follows a set format with sections covering the different elements including:

• The property type, age and construction
• Location
• Notes on noticeable movement
• Timber defects
• Dampness
• Insulation
• Roof structure
• Rainwater fittings
• Main walls
• External joinery and decoration
• Internal items including roof space, internal walls, floors and decoration
• Services including gas, electricity, heating, drainage
• The site including garages and outbuildings, grounds and boundaries.

The report will comment on the existing condition and will make recommendations for further investigations where there are items of concern. It will refer you to those defects which can materially affect the value of the property and it will alert you to any specific matters which the surveyor considers need more detailed or specialist investigations. It will also give you a valuation taking full account of the surveyor's findings.

For further advice please contact Collertons head office where we will be happy to give you further assistance.

Building Surveying Report

This is a much more detailed report and will not only report on the existing position of the property but will also am to identify the cause of any problems and advise on any repairs or remedial works required. A building survey is based on a detailed inspection of all visible and readily accessible areas.

If there are matters upon which the surveyor is unable to report fully then he will advise as to the nature and extent of any further investigations considered necessary. For example, exposures of drains, digging of trial holes to look at foundations or the opening of cavity walls to closely inspect the wall ties. We will either undertake or arrange such investigations for you if required. We can also arrange specialist tests on services such as electrics, drains and gas installations if these are thought necessary.

The private building survey is ideally suited to the larger, older and more complex buildings, particularly those in need of repair or renovation. It also includes a current market valuation.

Bespoke reports can also be provided on specific defects or areas about which you are concerned.

For further advice please contact Collertons head office where we will be happy to give you further assistance.

Commercial Valuations

Collertons Surveying and Energy Assessors can provide valuations for lenders, advisers, owner-occupiers or investors. Knowing how much a commercial property is worth at any given time requires in-depth knowledge of local markets backed by experience, first class research and analytical skills.

Collertons offer all this by producing accurate, fast, confidential and value-for-money advice and reports that serve a variety of business purposes and reflect an understanding of our client's needs.

We offer commercial valuations on any size, type and complexity of property, including office, retail and industrial. We undertake valuations for all purposes on commercial property together with development sites and investments. In particular we carry out valuations for the following:

• Single and portfolio property valuations.
• Mortgage / loan security valuations for banks, building societies and other lending institutions. We act as panel valuers to major Banks and Building Societies.
• Valuations for accounting purposes.
• Valuation advice on acquisitions, sales and lettings.
• Valuation advice in respect of rent reviews / lease renewals.
• Valuation appraisals for development and investment purposes

Whatever valuation you need Collertons can provide it.

For further valuation advice please contact Collertons head office where we will be happy to give you further assistance.