Help-to-buy valuation is an independent valuation from a RICS registered valuer for a property bought with help-to-buy scheme. Help-to-buy scheme is introduced by Government to help first time home buyers. Under this scheme the government lends up-to 40% of the cost of property to eligible home buyers.
In a scenario, where home owner decide to repay loan, remortgage house, or sell the property, an independent valuation from a RICS registered valuer is needed.
Help-to-buy valuation is needed to get an independent assessment of market value of a help-to-buy home. The government appointed administrator or housing association requires home owner to provide a valuation report from an independent surveyor, who is RICS (Royal Institute of Chartered Surveyors) registered valuer.
The independent valuation helps to calculate the amount that needs to be paid back.
Home owner can get a help-to-buy valuation by instructing a RICS registered valuer. There are certain requirements that need to be confirmed at the point of instruction. The standard requirements are:
HouzeCheck Surveyors meet all the requirements of help-to-buy valuation. We have 100% record of all valuations accepted.
From the point of instruction till the report is delivered the whole process is usually completed within 5-10 working days. In urgent circumstances, we can deliver report sooner. Please let us know while instructing us for the job.
Please note that the help-to-buy valuation is usually valid for 3 months. We therefore advise to plan the booking in advance as far as possible. We are happy to be as flexible as possible.
HouzeCheck provide help-to-buy valuation report at a low fixed fee. The fixed fees (including VAT) are:
The easist way is to submit your details on the right hand side form. Our appointments team will call you within 2 hours (9am to 8pm - Monday to Friday) to book an appointment. Once the property is inspected, the report is delivered in five working days.
Alternatively, you may call our contact center on 0330 113 1133.