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Looking for a simple but legal (RICS) valuation survey in East London - how to choose

I'm looking for a RICS surveyor in East London to value my property for equity following a separation.
I've looked at the RICS listings - is there anywhere to get recommendations?

Comments

  • youth_leader
    youth_leader Posts: 2,991 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I'd ask on the local FB community page?
    £216 saved 24 October 2014
  • eddddy
    eddddy Posts: 18,208 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    K_To said:
    Looking for a simple but legal (RICS) valuation survey in East London - how to choose

    There isn't really a concept of a 'legal' valuation.

    Do you mean that you are anticipating 'going legal' with solicitors, and perhaps ending up in court, and you want a valuation that you could present to a court as evidence?

    A better solution might be if both parties can agree to jointly instruct an RICS valuer, having agreed in advance to be bound by whatever the valuer decides.


    Otherwise, if you each instruct your own valuer - your valuer might say the property is worth £x and the other party's valuer might say the property is worth £y - and you then have to argue it out.

    (The simplest solution might be if the 2 parties just agreed between themselves what the property is worth - but I'm guessing that might be challenging.)


  • K_To
    K_To Posts: 5 Forumite
    First Post
    eddddy said:
    K_To said:
    Looking for a simple but legal (RICS) valuation survey in East London - how to choose

    There isn't really a concept of a 'legal' valuation.

    Do you mean that you are anticipating 'going legal' with solicitors, and perhaps ending up in court, and you want a valuation that you could present to a court as evidence?

    A better solution might be if both parties can agree to jointly instruct an RICS valuer, having agreed in advance to be bound by whatever the valuer decides.


    Otherwise, if you each instruct your own valuer - your valuer might say the property is worth £x and the other party's valuer might say the property is worth £y - and you then have to argue it out.

    (The simplest solution might be if the 2 parties just agreed between themselves what the property is worth - but I'm guessing that might be challenging.)



    More than 'challenging' I'm afraid....
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