Valuation

angieo1970

Our landlord keeps saying he is thinking of selling but never gets a valuation done. My partner and I are in a position to buy and wanted to know if we can get the property valued without the landlord's permission so we know if we can actually afford to buy it. If we can then we could go ahead and make the first official move by putting in an offer. Then we will know if he is serious about selling. However, do we need his permission first to get the property valued?

AdrianC

No, you just get somebody round to look at it and give you their opinion of the value.

Anybody can do it - but you may find that an estate agent or surveyor's opinion carries more weight. But, of course, they may charge you for their time and professional services.

The one thing I wouldn't do is go to the landlord and wave that number at them. He may be thinking of a lower one.

dimbo61

What condition is the property in ?
What is the EPC ? 
Any property that is F or G can't be a rental and from 2025 which is 4 years time the Government is pushing for all rentals to be C or better.
There are millions of older homes which are D, E, F and G rated on the EPC.
So what are the heating costs ?
Has the Landlord improved the property ?
How much have similar properties sold for in your area ? 
Check on Rightmove and Zoopla , land registry, on the market, prime location, 
Does it really suit all your needs ?
Google " sold house prices " and you will find lots of information.

oldbikebloke

the first question an EA will ask is are you selling. If not then they know they won't potentially get sales commission if you list with them, so why should they give you a free valuation at their expense ?
if you are willing to pay for one, then there certainly is nothing stopping you from commissioning a valuer to provide one 

dimbo61

So find out the owner's name on the land registry which costs £3 and ring a few local agents and ask them to do a valuation for selling.
Don't ring the Lettings agents/Estate agents the Landlord uses !
The Land registry information can have lots of information ! 
Lender name if they have a mortgage ?freehold or leasehold ?
Ground rent ?
Restrictive covenants ?
Price Landlord paid for the property.

davidmcn

Would make more sense to first check the landlord would want to sell to you before wasting time/money on valuations.