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last updated: 23-02-2009

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.
A minimum of two comparable sales are required. One of the comparable property sale details must be from an Estate Agent who sold the property and one comparable figure can be taken from an internet comparison website of a recent sale. Alternatively, two comparables from an Estate Agent who have sold similar properties can be provided.
Where customers have commissioned a RICS Homebuyer's Report, this may be used as supporting evidence but comparable sales details will still be required.
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.

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