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last updated: 17-03-2008
Valuation Review Form
Appealing a valuation:
- All appeals must be made using the Valuation Review form via
the appeals fax number shown on the form.
- We will require specific evidence of properties which are
comparable with the subject property and which have sold within the
last three months. The evidence must confirm the actual sale price
rather than the price each was marketed at.
- Comparable properties are those located in the immediate
vicinity of the subject property. They will be of the same property
type, of similar construction, and have similar accommodation, all
of which should be documented on the appeal form, including any
marketing/sale history.
- A minimum of two comparable sales are required, ideally three
should be provided.
- Where customers have commissioned a RICS Homebuyer's Report,
this may be used as supporting evidence but will not be considered
in isolation.
- In the case of new build properties any evidence provided must
be directly comparable, and where "incentives" are used these
should be clearly documented.
- If the valuation is upheld no further appeal will be
available.
- If the valuation is to be reviewed following submission of new
evidence the valuer will issue a new report.
Download Valuation
Review form
Format: PDF
File size: 55KB