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Book in your RICS Help-to-Buy Valuation in March

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The best place to instantly book RICS Help-to-Buy Valuations in March

With thousands of successful bookings, Homemove is the UK's leading provider of RICS Help-to-Buy Valuations in March. Trusted by homeowners nationwide, we guide you from preparing your property for sale to arranging comprehensive Help-to-Buy valuation, ensuring every step of your home-moving journey is smooth and on track.

Hero Left House For March RICS qualified Surveys

The surveyors in March we work with:

  • are both RICS qualified and registered
  • are independent of any estate agent
  • will inspect the inside of the property
  • will provide at least 3 comparable properties
  • comparables will be like-for-like in type, size and age, and within 2 miles of your property
Homemove Level 3 RICS Surveyors March

Compliant Help-To-Buy Valuations

1

Signed and dated by the surveyor

It's required that the valuation report is signed and dated by the surveyor.

2

Headed paper

Your help to buy will be put on headed paper as required.

3

Supplied as a PDF file/document

Your surveyor will provide your report in a bespoke pdf ready to be sent to Homes England.

What are your Help-to-Buy options?

Staircasing

It is also necessary to have a Help to Buy valuation if you intend to 'staircase'. Your proportion of ownership increases when you partially repay your loan. In the event that the value of the property increases, the amount you owe increases with it. The outstanding loan amount decreases if the value falls. In order to ensure that the calculations with respect to monies owed are accurate, it is essential that you get an independent valuation when any changes to your loan are made.

Homemove Homes England Help To Buy Surveyors

Full redemption

Your Help to Buy loan must be repaid if you sell your property in March. RICS Help to Buy valuation determines how much must be repaid depending on the property's value at the time.

Homemove Homes England Help To Buy Surveyors in March

FAQ

What is a RICS Red Book Valuation?

Valuations based on the RICS Red Book differ from appraisals based on estate agents' valuations. Using their extensive knowledge and experience, surveyors will assess the size, condition, and location of the property. We value properties based on the results of this assessment in conjunction with similar properties that have recently sold in the local March area. By utilising the guidelines issued by the Royal Institute of Chartered Surveyors, Red Book Valuations provide an industry standard when it comes to property valuation methodology and details.

How much will you need to repay on your help to buy?

Equity loans are calculated based on the market value of your property and the equity loan percentage amount when you sell your home. RICS valuations or sales prices are used to determine the market value of your property (whichever one is higher). Interest, fees, and any other payments you still owe are included in the total amount you repay. Before completion, you must pay them back in full. To determine the value of your property a RICS surveyor will give you an accurate estimation.

How much does a Help-to-Buy valuation cost in March?

You can expect to pay between £195 - £850 for a help-to-buy valuation from a RICS surveyor in March depending on the property price and the number of bedrooms the property has. The bigger the property the more time it takes to complete the valuation and find comparable property sales.

Article Highlight

The Importance of Booking a Help-to-Buy Valuation with Proficient Certified Surveyors in March

The Help-to-Buy scheme in the UK has been a benefit for hopeful homeowners, enabling them to obtain a property loan and step onto the property ladder with ease. However, as you navigate the process, it's crucial to comprehend the importance of reserving a Help-to-Buy estimation and selecting an knowledgeable and capable evaluator in March, Cambridgeshire. In this article, we will investigate the distinctions of the Help-to-Buy estimation process, the conditions, and the different contexts in which a March Help-to-Buy survey is essential.

The Help-to-Buy Valuation: A Critical Step

As a house owner utilising the Help-to-Buy program, you'll eventually need to repay the equity loan provided by the government. This repayment often coincides with disposing of the property, refinancing, or reaching the end of the loan term. It is in these circumstances that a Help-to-Buy estimation becomes necessary. This appraisal aims to establish the existing market value of the property, which influences the amount to be repaid on the equity loan.

The Importance of Knowledgeable and Competent March Help-to-Buy Surveyors.

The Help-to-Buy appraisal is an crucial process for those looking to sell, remortgage, or repay their equity loan. Therefore, it's imperative to enlist the help of an seasoned and capable March Help-to-Buy evaluator for the appraisal. Here are a few reasons why:

  • RICS Certification: Help-to-Buy estimations must be carried out by a Royal Institution of Chartered Surveyors (RICS) registered appraiser. These professionals have considerable knowledge and experience in the property market and adhere to a strict code of conduct, ensuring accurate and trustworthy Help-to-Buy assessments in March.
  • Local Expertise: An experienced surveyor with local knowledge of the March property market will understand the nuances and trends specific to the area. This know-how can provide an correct valuation, ensuring you pay back a fair amount on your equity loan.
  • Compliance Requirements: There are specific requirements for Help-to-Buy estimations, such as the need for the estimation to be provided in a RICS Red Book format. A competent March Help-to-Buy appraiser will be familiar with these guidelines and ensure that the assessment complies with them, avoiding any potential hindrances or complications.
  • Timeliness: Help-to-Buy valuations have a limited relevance period of three months from the date of the evaluation. An seasoned surveyor will effectively conduct the estimation and provide the report within this timeframe, ensuring a trouble-free transaction process for your March Help-to-Buy survey.

Different Circumstances That Require a Help-to-Buy Valuation in March

Several instances necessitate a Help-to-Buy valuation in March, including:

  • Selling Your Property: When offering for sale a property purchased through the Help-to-Buy scheme in March, a estimation is required to determine the amount to be repaid on the equity loan. This figure is calculated as a percentage of the actual market appraisal.
  • Remortgaging: If you're considering adjusting your property in March to repay the equity loan or reduce your monthly payments, a Help-to-Buy appraisal is necessary to establish the property's value and calculate the amount to be repaid.
  • Staircasing: Homeowners in March may decide to augment their ownership share in the property through a process known as gradual ownership increase. A Help-to-Buy assessment will establish the current market value, helping you calculate the cost of buying additional ownership.
  • End of the Credit Term: At the end of the ownership loan term (typically 25 years), residents in March must settle the unpaid balance. A Help-to-Buy assessment will establish the property's value and the amount to be reimbursed at that time.

In essence, booking a Help-to-Buy assessment with an experienced surveyor in March is a important step in the process of selling, remortgaging, or repaying your equity loan. By ensuring that your March Help-to-Buy assessment is carried out by a RICS registered professional with local expertise, you can be certain in the accuracy of your property valuation and compliance with requirements. With the right surveyor by your side, you can tackle the complications of the Help-to-Buy scheme in March with efficiency, obtaining a fair assessment and a trouble-free transaction process.

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