Help to Buy Valuation RG20

A Help to Buy valuation includes a thorough interior inspection of your property where the surveyor measures the property, assesses its condition, and notes features that affect value. The surveyor then researches comparable sales in your local RG20 area to determine market value. The report must include at least three comparables within two miles that are similar in type, size and age to your property. Our surveyors pay particular attention to matching property types accurately, given the variety between terraced homes in village centres and detached properties in more rural locations across RG20.

You can expect to pay between £195 and £850 for a Help to Buy valuation in RG20, depending on your property value and the number of bedrooms. Larger, more valuable properties require more extensive market analysis, which reflects in the fee. The valuation is valid for three months and can be extended once for a further three months if needed. We can arrange this extension for you, keeping the process straightforward if your timeline changes.

Your valuation report must be addressed to Homes England (or Target HCA) and carried out by a RICS-registered surveyor with MRICS or FRICS designation. The report must be on headed paper, signed and dated by the surveyor. Your lender, solicitor or Homes England will use this valuation to calculate your equity loan repayment amount. We ensure all reports meet the specific Homes England requirements so there are no delays in your redemption process.

No, mortgage valuations are not acceptable for Help to Buy equity loan redemption. The valuation must be specifically conducted for Homes England purposes and meet their specific requirements. This includes being carried out by a RICS-registered valuer with MRICS or FRICS designation, not just AssocRICS. The valuation must also be addressed to Homes England and include at least three suitable comparables from within two miles of your property.

Your Help to Buy valuation is typically valid for three months from the date of inspection. If your transaction is not completed within this period, you can request a desktop extension from the original surveyor, usually within two weeks of expiry, which extends validity for a further three months. After six months from the original inspection date, a new full valuation will be required. We can assist with arranging extensions if needed, and in many cases can provide this service at a reduced cost compared to a new valuation.

The repayment amount is calculated based on the current market value or your agreed sale price, whichever is higher. If the valuation is over three months old or if there have been significant changes to the market, you may need a new valuation. Your solicitor or lender will advise if a new report is required. Given that RG20 property prices have increased by just over 3% in the last year, keeping your valuation current is important to ensure you are not overpaying on your equity loan redemption.

If your property is a period home or falls within a conservation area in villages like Kingsclere or Hamstead Marshall, our surveyors understand how these factors affect value. Listed buildings and heritage characteristics can influence both the valuation and the types of comparables that are appropriate. We ensure the valuation report accounts for any premium or limitation associated with historic properties in the RG20 area.

Yes, if you are selling a property with an outstanding Help to Buy equity loan, you will need a RICS valuation for the redemption process regardless of whether you are also purchasing a new home. The equity loan must be repaid either from the sale proceeds or through a remortgage. Our valuation report provides the market value that Homes England uses to calculate your repayment amount, which is based on the current market value or your agreed sale price, whichever is higher.