Services.
Every asset class, every context, one method: evidence.
Seven kinds of assignment.
Most instructions fall into one of the following. Where a situation combines several, the report addresses each on its own basis and states how they interact.
Market value
The price a property would fetch on the open market at the valuation date, evidenced by comparable transactions.
Rental value
Open market rent, and the rent payable on renewal or review of a commercial lease.
Mortgage lending value
Long-term sustainable value for lenders, under the framework banks are required to apply.
Private wealth
Inheritance, gifts, wealth tax, division of assets, split ownership and family arrangements.
Eviction, expropriation, loss
Compensation for the loss of a commercial lease, compulsory purchase, and quantified damage to property.
Business and goodwill
Businesses and goodwill, valued alongside the property they occupy.
Advisory and market studies
Feasibility, residual land value, market notes and portfolio reviews.
Offices, retail, logistics, residential, hotels, land.
The firm values offices, retail and shopping parades, logistics and industrial premises, residential from a studio to a whole building, prime and ultra-prime residential, hotels, leisure and healthcare assets, and land, whether serviced, developable or agricultural.
Portfolios are valued asset by asset, with a consolidated position and the assumptions set out in full.
Private, pre-litigation, judicial.
A private valuation informs a decision: a sale, a purchase, a financing, a declaration. A pre-litigation valuation is written to be produced to the other side, with the evidence that supports it. A court-appointed valuation follows the judge's terms of reference, adversarial procedure and the filing deadline.
The register changes with the context; the method does not.
Comparison, income, cost, and the trade approach.
The comparison approach relies on verified transactions, adjusted for location, floor area, condition and legal situation. The income approach, by capitalisation or discounted cash flow, applies where the asset produces a rent. The cost or asset approach is used where an asset has no market and must be rebuilt in value terms. The trade approach applies to hotels and operating assets, on the basis of what the business can sustain.
Several methods are applied whenever the asset allows it, and the report explains why one is given more weight than the others.
Four steps, no surprises.
You describe the property and the context, and receive a quotation within 48 hours setting out the scope, the timetable and the fee.
The request
Scope, purpose, deadline. A quotation within 48 hours.
The inspection
The valuer always visits, examines the documents and gathers local evidence.
The valuation
Methods applied and cross-checked, assumptions stated.
The report
A reasoned, dated and signed report, which the valuer will defend.
An asset to value?
Tell us what it is and what it is for. We will tell you how we would approach it.
Request a valuation