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Mortgage valuations

By: Language: English Series: Valuer (ISVA) ; January/February 1988, 26(1)Publication details: 1988Subject(s): Summary: Where it is uncertain that a dwelling is intended for residential occupation , in order to qualify as a class 1 advance, from 1 April 1988 a valuer`s certificate will be required to confirm that at least 40% of the property will be used for residential purposes. In this article the author identifies problems which can arise when determining whether a property is for residential or non-residential use, including the calculation of the percentage, consideration of shared rooms and the use of grounds and holiday homes.
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Journal article London Journal article ABS38735 (Browse shelf(Opens below)) 1 Available 12194-1001

Where it is uncertain that a dwelling is intended for residential occupation , in order to qualify as a class 1 advance, from 1 April 1988 a valuer`s certificate will be required to confirm that at least 40% of the property will be used for residential purposes. In this article the author identifies problems which can arise when determining whether a property is for residential or non-residential use, including the calculation of the percentage, consideration of shared rooms and the use of grounds and holiday homes.