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Understanding Help to Buy and Shared Ownership Valuation in Lancaster – Fisher Wrathall Surveyors

Posted by Mike on 21/08/2023
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Have you utilised either the Help to Buy or Share Ownership government backed schemes? When you choose to sell your property or purchase a larger shareholding, a formal valuation is required by your scheme provider which needs to be undertaken by an RICS Registered Valuer to determine the market value of the property.

Understanding the importance of help to buy /shared ownership valuations is crucial. At Fisher Wrathall Surveyors, our RICS accredited surveyors offer expert Help to Buy/Shared Ownership Valuation services that cater to your specific needs. In this blog post, we’ll delve into the significance of this valuation process and explain why choosing Fisher Wrathall Surveyors ensures a seamless and informed homeownership experience.

What is Help to Buy/Shared Ownership Valuation?

A Help to Buy/Shared Ownership Valuation is an essential assessment conducted by our team of RICS accredited surveyors at Fisher Wrathall Surveyors. This valuation plays a pivotal role in various scenarios:

Purchasing Additional Shares

If you own a shared ownership property and plan to increase your share, our Help to Buy Valuation determines the current market value of your property, guiding you through the “staircasing” process.

If you wish to repay your Help to Buy loan and gain full ownership, our valuation report serves as a reliable basis for loan settlement.

Selling Your Property

For homeowners who bought their property using the Help to Buy scheme, our Help to Buy Valuation provides an accurate market value assessment when selling.

Repaying the Help to Buy Loan

If you wish to repay your Help to Buy loan and gain full ownership, our valuation report serves as a reliable basis for loan settlement.

Choosing Fisher Wrathall Surveyors for your Help to Buy/Shared Ownership Valuation offers numerous advantages

Expertise: Our RICS accredited surveyors at Fisher Wrathall Surveyors possess extensive experience in conducting valuations, ensuring accurate and reliable assessments.

Tailored Solutions: We understand that each property is unique, and our valuations are customised to reflect the specific features and attributes of your shared ownership property.

Efficiency: At Fisher Wrathall Surveyors, we deliver comprehensive valuation reports promptly, facilitating a seamless and streamlined process for our clients.

Unbiased Approach: Our commitment to impartiality ensures a fair and transparent valuation, providing you with trustworthy results.

For homeowners in Lancaster seeking Help to Buy/Shared Ownership Valuation services, Fisher Wrathall Surveyors offers a reliable and professional solution.

Our tailored valuations and expert services help you gain insights into your property’s true value, empowering you to make well-informed decisions when disposing off or purchasing your property.

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