Housing Association Valuations
At DAW Surveyors, we specialise in providing accurate, RICS-compliant Housing Association Valuations to assist individuals and organisations with their property needs. Whether you're purchasing a shared ownership property, staircasing to own a larger share, or selling your home, our expert surveyors are here to deliver reliable valuations that meet housing association requirements.
What is a Housing Association Valuation?
A Housing Association Valuation is an independent market valuation conducted by a RICS-registered surveyor. It determines the current value of a property under the terms of shared ownership or other housing association agreements. This type of valuation is essential for ensuring that transactions, such as buying additional shares (staircasing) or selling your property, are based on fair and accurate market data.
When Do You Need a Housing Association Valuation?
You may need a housing association valuation in the following situations:
Shared Ownership Purchase: If you’re buying a property through a housing association’s shared ownership scheme, a valuation is required to establish the market value of your share.
Staircasing: When increasing your ownership percentage in a shared ownership property, a valuation ensures the purchase price reflects the current market value.
Selling Your Property: Housing associations typically require a valuation to calculate the price for selling your shared ownership home.
Lease Extensions: If extending the lease on a housing association property, a valuation helps determine the cost of the extension.
Why Choose DAW Surveyors for Housing Association Valuations?
DAW Surveyors is a trusted provider of housing association valuations, offering comprehensive and compliant reports that meet all necessary requirements.
RICS-Certified Professionals: Our valuations are conducted by RICS-registered surveyors, ensuring they are accepted by housing associations and other regulatory bodies.
Local Market Expertise: We have a deep understanding of property values, ensuring an accurate and fair assessment.
Fast, Reliable Service: We aim to deliver your valuation report promptly to keep your transaction moving smoothly.
Impartial Advice: Our independent valuations provide you with unbiased, professional insights you can trust.
What Does a Housing Association Valuation Include?
Our valuation report includes:
Current Market Value: An accurate assessment of your property’s value based on market trends and comparable property sales.
Detailed Property Description: Information about the property’s size, condition, and location.
Photographic Evidence: Supporting images to document the property’s current state.
Compliance with Housing Association Requirements: Ensuring the report meets all necessary criteria for shared ownership, staircasing, or sales.
The Housing Association Valuation Process
Initial Consultation: Contact us to discuss your valuation needs.
Property Inspection: A RICS surveyor will visit your property to conduct a detailed inspection.
Market Analysis: We research comparable properties and market trends to determine your home’s current value.
Report Delivery: You’ll receive a comprehensive valuation report, ready for submission to your housing association.
Frequently Asked Questions
How long is the valuation valid for?
Most housing associations accept valuations for up to 3 months. If your transaction exceeds this time, we can provide a revaluation if required.
Can I use an estate agent’s valuation instead?
No, housing associations typically require valuations from a RICS-registered surveyor to ensure impartiality and accuracy.
What if my property value has decreased?
If the market value of your property has dropped, the cost for staircasing or selling your share may be lower, as it’s based on the updated valuation.
Contact DAW Surveyors for Expert Housing Association Valuations
Whether you’re buying, selling, or staircasing, DAW Surveyors is here to provide the professional support you need. Contact us today to book your RICS-compliant Housing Association Valuation and ensure a smooth, hassle-free transaction.
