Over the last few years many new houses and some second hand homes have been sold with “Shared Ownership” or “Help to Buy” schemes.
When it’s time for homeowners to sell and move on, or if a homeowner wants to buy out the remaining equity share, it is necessary to obtain an RICS Valuation of the house.
At Lea Hough we have vast experience in carrying out such property Valuations for many clients throughout the Lancashire area.
We have access to all the latest sales information and analysis of market movement and we can provide an accurate Valuation assessment which complies with all the legal requirements.
We have seen a whole range of different movements in value. Examples include a flat bought with Shared Ownership in 2007 that had halved in value since; and a town house in Lancashire had increased in value since 2010 when it was bought with a Help to Buy Scheme.
Each case is unique and it is essential that the Valuation report is provided by an independent RICS Registered Valuer, who has knowledge of the Lancashire property market.
Our MRICS Chartered Valuation Surveyors and Registered Valuers would be delighted to help any other homeowners who wish to purchase their equity share of their property.