The Government Shared Ownership scheme has helped thousands of people to buy their home by offering a contribution towards the initial purchase. This means that they continue to own a percentage of your home. You may decide that you want to buy back some, or all of the Government share of your home. If you do, you will need a RICS Shared Ownership Survey (otherwise known as a Shared Ownership valuation Report).
A RICS Shared Ownership Survey is a complicated document that must be prepared by a qualified and independent surveyor. The report must include at least 3 comparable properties and sale prices, and the comparable provided must be like for like in terms of property type, size, and age and within a 2 mile radius to the property that is being inspected. The Valuer must not be related or known to client. A copy of the valuation report must also be supplied to the client.
We have made it really easy to get a Shared Ownership Valuation Report. Simply follow these steps and we can get a surveyor to attend your property and produce a report for you to give to your Shared Ownership agent and Target.
6 easy steps to get the report you need
1) Book your valuation online.
2) Pay The fixed £200 fee for your valuation.
3) We will then arrange a date and time for the surveyor to inspect
4) The surveyor inspects your property and produced the valuation report
5) We will send you a PDF valuation report.
6) You should send the valuation to Target HCA.
What is the format of Target Help to Buy Valuation Report?
The report will always include these key features:
A description of your property.
A list of comparable properties.
The current market value of your property.
Click here to see an example report
We understand that getting a Shared Ownership Valuation can be a daunting task, but we are here to help you every step of the way. Our team of experienced surveyors will work with you to ensure that you get the most accurate and reliable valuation possible.
