Notes

What does a valuation surveyor do?
With a standard working week of 37 - 40 hours, most valuation surveyors are office based, but will undoubtedly be necessary to visit properties and developments to:

inspect properties ? whether homes, commercial buildings, or land
provide valuations for secured lending (mortgages), taxation, management and development decisions
advise on issues associated with ESG (environmental, social and governance)
measure the value of properties ? factors may include size, condition, location and market trends
produce valuations for financial reporting purposes in accordance with International Financial Reporting Standards
advise on suitable rent for properties that are to be let
negotiate business rates, capital taxation, acquisitions and disposals

check out the environmental impact of particular developments
measure the economic viability of developments
work with property owners to suggest ways profit can be increased on property investments and offer property risk-related advice
create documents for mortgage valuations, tenancy contracts along with other legal matters
produce homebuyer reports, and
advise on property values, land purchase, tenure issues and related legislation.

So, what does a valuation surveyor do on a property valuation? A valuation surveyor will need to have a critical eye when viewing a property. You will need to inspect every room in the property and also any outdoor space, considering factors like the amount of rooms and any existing fixtures and fittings. You may be required to physically measure the rooms, and also take note of age the property, the caliber of vehicular access and parking.

Considerations must also be given to the exterior space including topography, location and the size of the plot. You will also have to consider any chance for future development. Visit this site of the same factors will again have to be evaluated when valuing commercial property.

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