RICS residential mortgage valuation specification

RICS residential mortgage valuation specification - Coventry RICS 2008 - 14p. 30cm.

The valuer's role -- The terms of engagement -- The valuer's inspection -- The valuation -- The report -- Re-inspections -- Further advances -- Buy to let -- External appraisals

This specification applies to the valuation of residential property for mortgage purposes on behalf of building societies, banks and other lenders, unless varied by the lender's standard terms of engagement and standard report form. Covers the valuer's role, the terms of engagement, the valuer's inspection, the valuation, the report, re-inspections, further advances, buy to let and external appraisals. Specification will only be applicable until 1 September 2008, when it will be released in a revised form to coincide with the September 2008 Red Book amendment. Supersedes 2004 edition (J125422). Taken from RICS valuations standards January 2008, UK appendix 3.2.

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RICS VALUATION STANDARDS


United Kingdom--

333.332 $2 18