As good as used [electronic resource] resale valuation of new-build housing

Swinburne, Nick

As good as used resale valuation of new-build housing [electronic resource] - 2010 - RICS Residential Property Journal Jan-Feb 2010, 7(1) .

Resale valuation requires more detailed explanation by lenders, so that valuers, builders, brokers and, most importantly, customers can understand the thinking behind it. The RICS Valuation Standard PS3.2 of individual new-build homes guidance note provides excellent advice on valuing within Red Book parameters. In addition, in September 2009, Nationwide published a further definition and guidance for valuers. The article discusses both and their implications.


RICS VALUATION STANDARDS


England and Wales--1543-