Valuation of residential leasehold properties for secured lending purposes (Record no. 121335)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02319nam a22003017a 4500 |
| 001 - CONTROL NUMBER | |
| control field | 121335 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 160218s2021 xxk|||||o|||| 00| 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| ISBN | 9781783214273 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal author | Swinburne, Nick |
| 110 ## - MAIN ENTRY--CORPORATE NAME | |
| Corporate author | Royal Institution of Chartered Surveyors |
| 245 ## - TITLE STATEMENT | |
| Title | Valuation of residential leasehold properties for secured lending purposes |
| Medium | [Electronic resource] |
| 260 ## - PUBLICATION INFORMATION | |
| Place of publication | London, |
| Publisher | Royal Institution of Chartered Surveyors, |
| Date | May 2021 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Physical description | 28p. |
| 490 ## - SERIES TITLE | |
| Series statement | RICS Guidance note |
| 520 ## - ABSTRACT | |
| Abstract | This guidance note is intended to support valuers undertaking valuations for secured lending purposes on residential leaseholds in England and Wales.<br/><br/>The guidance supplements RICS Valuation – Global Standards (Red Book Global Standards), the UK national supplement 2018, and mortgage specification in appendix 10 of the 2014 edition of the latter, as revised in 2015. The new guidance note gives practical advice and highlights key considerations for residential leasehold valuation. The guidance has particular application for valuing diminishing lease terms of less than 80 years remaining, when marriage value becomes payable and, in many markets, there starts to be a material impact on market value. Although the publication refers to the process for lease extension and enfranchisement, it is not a guidance note for undertaking valuations to that end.<br/> |
| 520 ## - ABSTRACT | |
| Abstract | RICS is aware of pending government and regulatory reform of residential leasehold, and it plans to update the contents of this guidance note in due course to take account of such reform. Readers of guidance related to leasehold should therefore familiarise themselves with the latest position before applying any advice. |
| 650 ## - KEYWORDS | |
| Keywords | Secured lending |
| 650 ## - KEYWORDS | |
| Keywords | Residential Property |
| 650 ## - KEYWORDS | |
| Keywords | Leasehold Valuation |
| 651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
| Geographic name | United Kingdom |
| 690 ## - BROAD SUBJECT | |
| 9 (RLIN) | 6273 |
| Broad subject | Valuation |
| 690 ## - BROAD SUBJECT | |
| 9 (RLIN) | 6266 |
| Broad subject | Residential property |
| 700 ## - ADDED PERSONAL NAME | |
| Added personal author | Swinburne, Nick |
| 710 ## - ADDED CORPORATE NAME | |
| Added corporate author | Royal Institution of Chartered Surveyors |
| 856 ## - ONLINE RESOURCE | |
| Uniform Resource Identifier | <a href="https://www.rics.org/globalassets/rics-website/media/upholding-professional-standards/sector-standards/valuation/valuation-of-residential-leasehold-properties-for-secured-lending-purposes---first-edition-11.06.2021.pdf">https://www.rics.org/globalassets/rics-website/media/upholding-professional-standards/sector-standards/valuation/valuation-of-residential-leasehold-properties-for-secured-lending-purposes---first-edition-11.06.2021.pdf</a> |
| Public note | Available free on RICS.org |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Suppress in OPAC | Do not suppress in OPAC |
| Lost status | Damaged status | Not for loan | Current library | Shelving location | Date acquired | Total Checkouts | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|
| Virtual | Online | 25/01/2023 | 25/01/2023 | 25/01/2023 | Online material |