Help to buy & Shared Ownership Valuations
Help to Buy / Shared Ownership Valuations
Since their introduction, many properties have been acquired using either ‘Shared Ownership’, or, the ‘Help to Buy’ scheme launched by the Government in 2013. Under the rules of these schemes, in the event that a homeowner wishes to increase their equity (staircase), or pay off in full, the Help to Buy or shared ownership proportion of the property (including at the time of a sale), there is a requirement to obtain a valuation from an independent RICS Registered Valuer.
These Help to Buy or Shared Ownership Valuations are additional obligations to any valuation provided by either an estate agent or valuer instructed in connection with a mortgage.
Neil Moran Associates, as an RICS Regulated practice, employing RICS Registered Valuers, holds the necessary accreditation allowing us to carry out Shared Ownership valuations on houses purchased in this way. Our RICS Registered Valuers are experienced in these matters; having undertaken many Shared Ownership and Help to Buy valuations in the past, as required by either Target HCA, or a Housing Association in respect of their scheme requirements.