Whether you are staircasing or selling your property you will need an independent valuation. A help-to-buy valuation is an independent valuation from a RICS registered valuer for a property bought with the help-to-buy scheme, introduced by the government to support first time home buyers get a foot onto the property ladder.
The Help to Buy Valuation will determine the amount repayable in direct proportion to the current market value of your property, and must be conducted by a Chartered Surveyors regulated by the RICS.
There are a number of standard requirements of an RICS valuer to be entitled to provide a help-to-buy valuation as well as some set criteria for the report itself. These are:
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