Help to Buy Valuation in Rolleston on Dove

When you first purchased your property through the Help to Buy scheme, you received an equity loan from the government to boost your deposit. This allowed you to buy a home with just a 5% deposit while the government loaned you up to 20% of the property value (or 40% in London). As property values in Rolleston on Dove have increased by 7.5% over the last year, with the average property now selling for approximately £399,620, you may find that your property has grown significantly in value since purchase.

If you are considering repaying your equity loan in full, making a partial repayment (known as staircasing), or remortgaging your property, you must obtain a current market valuation from a RICS-registered surveyor. The valuation report must be addressed to Homes England, printed on headed paper, and signed by the surveyor. It must include at least three comparable properties with recent sale prices, ideally like-for-like in terms of property type, size, and age, and within a 2-mile radius of your property.

The valuation is valid for three months. If your transaction is not completed within this period, you may need a desktop valuation extension. Our surveyors understand these requirements and will ensure your report meets all Homes England specifications, avoiding delays in your transaction. We recommend planning your valuation date carefully to allow sufficient time for your solicitor and lender to complete the paperwork.

One important consideration for Rolleston on Dove homeowners is the variation in price growth across different parts of the village. While overall prices have risen by 7.5%, some postcode areas have seen increases of over 40% year-on-year, while others have experienced more modest growth or even declines. This local variation underscores the importance of using a surveyor who understands the specific micro-market in your area of Rolleston on Dove.

• Full RICS Red Book valuation report
• Compliant with Homes England requirements
• 5-7 working day turnaround
• Includes three comparable property sales
• Addressed to Homes England

Our team has extensive experience conducting valuations throughout East Staffordshire, including Rolleston on Dove and surrounding villages. We understand the local market dynamics, from the traditional Staffordshire red brick properties that characterise much of the older housing stock to the newer developments that have transformed the area in recent years. The village features 28 listed buildings within its Conservation Area, designated in 1970, which our surveyors understand can add character and value to period properties.

When valuing properties in Rolleston on Dove, our surveyors consider comparable sales from within the local area, including recent transactions on roads such as Beacon Road, Station Road, Church Road, and Forest School Street. The local market has shown strong growth, with some postcode areas seeing increases of over 40% year-on-year. This local knowledge ensures your valuation accurately reflects current market conditions and helps you understand how your property compares to similar homes recently sold in the area.

We know that Help to Buy transactions can be time-sensitive, particularly if you are staircasing or preparing for a remortgage. Our team prioritises these valuations and aims to deliver your report within 5-7 working days. We will keep you informed throughout the process and are happy to answer any questions you may have about your valuation or the Help to Buy process.

The soil in Staffordshire is chiefly clay, which can be associated with shrink-swell movement affecting foundations. While Rolleston on Dove does not have significant mining history, our surveyors are trained to identify any signs of structural movement or subsidence that could affect your property's value. If we identify any concerns during the inspection, we will note them in your report so you can address them with your lender or solicitor.