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District Valuer, Inheritance Tax -what to expect ?
john539
Posts: 16,968 Forumite
The District Valuer wants to see our property to give an "opinion on value" for Inheritance Tax.
Does anyone know what they do & what to expect ?
Is it a quick look round visit, taking basic details ?
Do they take measurements/photographs ?
Do we point out anything we think he should see, if it might affect valuation ?
Anything else, any suggestions ?
Does anyone know what they do & what to expect ?
Is it a quick look round visit, taking basic details ?
Do they take measurements/photographs ?
Do we point out anything we think he should see, if it might affect valuation ?
Anything else, any suggestions ?
0
Comments
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Jeez....I didn't know they went out looking for business. Next you'll be gettin the funeral director round to measure you up!0
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Bump, anyone know ?0
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Don't understand this post - is it your property or is it subject to probate? Be prepared to argue the toss - it might be worth having a friendly estate agent come up with a probate value for you. Probate value is different from market value in my view.0
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District Valuer checks probate/IHT valuations for the Government, gives his opinion on value & agrees valuation for Inheritance Tax office (HMRC).Don't understand this post - is it your property or is it subject to probate? Be prepared to argue the toss - it might be worth having a friendly estate agent come up with a probate value for you. Probate value is different from market value in my view.0
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