Valuation Reports are essential for a number of purposes:

Taxation -Including capital gains tax valuation and other forms of retrospective valuations involving the Inland Revenue.

Cash Purchase - If you are purchasing without a mortgage this valuation will establish that the purchase price agreed is in line with the current market value.

Probate / Inheritance - Valuation of a property for the purpose of aiding the calculation or planning of Inheritance Tax.

Matrimonial - A valuation to aid both parties during the process of separation to agree on the value of their joint assets.

Other reasons for a Valuation survey include: Second Charge, Right to Buy, Comparable Location Valuations, Rental Values, Property Purchase, Insurance and Litigation.