£200 Fixed Fee For RICS Help To Buy Valuations
You will need an RICS valuation report when you sell your property or redeem your Help To Buy loan. It is an important document so it is best to get an experienced professional to produce it for you.
Key Target HCA Requirements
The person who produces it must be registered with RICS and be independent from any estate agents.
The report must be on headed paper, signed by the RICS surveyor, and addressed to Target HCA.
The surveyor must provide at least 3 comparable properties and sale prices.
The comparable properties must be similar to yours in terms of type, size, and age, and they must be within 2 miles of your property.
The surveyor must not be related to you or know you.
You must send a copy of the report to Target HCA
The Royal Institution of Chartered Surveyors (RICS) is a professional body that sets standards and regulates the surveying profession worldwide. RICS members are required to meet high standards of education, training, and professional conduct.
Aspire Surveyors Ltd are proud to be members of RICS since 1994. This means that we are committed to providing our clients with the highest quality of service. We are also subject to RICS's rigorous professional standards, which gives you peace of mind that you are working with a reputable and qualified surveyor.
You can be confident that the surveyor is qualified and experienced.
The surveyor will be bound by RICS's code of conduct, which ensures that you receive a high standard of service.
The surveyor will be able to provide you with an independent valuation report, which is essential for Help to Buy property purchases.
Unlike many firms we want to keep things nice and easy - it's a fixed fee regardless of value, size and location - £200 inc VAT.
Aspire Surveyors Ltd have made it straightforward to get a Target Help to Buy Valuation Report.
Simply follow these steps and we will arrange for a surveyor to inspect your property and then produce a fully compliant RICS valuation report for you to give to Target HCA.
We have produced thousands of these reports and to the best of our knowledge every single one has been accepted by Target HCA. That's why we are happy that all of our reports come with a ‘money back guarantee’ to be accepted by Target. If we can't produce the report that Target HCA requires we will refund your fee.
6 easy steps to get the report you need
1) Book your valuation online below.
2) Pay The fixed £200 fee for your valuation.
3) We will then arrange a date and time for the surveyor to inspect
4) The surveyor inspects your property and produced the valuation report
5) We will send you a PDF valuation report .
6) You should send the valuation to Target HCA.
What is the format of Target Help to Buy Valuation Report?
The report will always include these key features:-
A description of your property.
A list of comparable properties.
The value of your property.
Click here to see an example report
How long does my RICS Help to Buy Valuation Last?
A RICS Help to Buy valuation is valid for 3 months. If you do not pay off your equity loan within this time, you can request a desktop valuation from the original surveyor. This must be done within 2 weeks of the original valuation expiring and will be valid for a further 3 months. The fee for a desktop extension is £75 inc VAT.
Desktop valuations can be requested after the original valuation has expired for up to a further 3 months. If the desktop report expires and you have still not completed the transaction, you will need to have your property re-inspected and a new RICS valuation report provided.