Charities are required, under the Charities Act of 2011, to obtain a formal written valuation report from a Registered Valuer or Chartered Surveyor when entering into a property transaction, whether they are freehold or leasehold acquisitions, or disposals.
The primary reason for the Valuation Report is to make sure the asset or liability is being transacted at market value, so as to prevent the costly mistake of under-pricing a valuable property asset. Similarly, when leasing premises for more than 7 years, the report serves to ensure rent is in line with the property’s market value.
Our expert team of Registered Valuers combine over 50 years of experience, successfully providing charities with prompt valuation advice to assist them with meeting their regulatory property transaction duties.
Our Chartered Surveyors are Registered Valuers. They meet the required standards of the Charities Act and Royal Institution of Chartered Surveyors (RICS), to provide you with the highest quality valuation services. Our reports are clear, concise and are independent.
Above all else, Imperium Chartered Surveyors provide knowledgeable recommendations and advice for Charities to make the most out of their landed estates.
Contact Imperium Chartered Surveyors
Get in touch, and one of the team will be happy to discuss your needs.