000 01641cam a2200265 4500
001 ABS67975
008 040621n2004 000 0 eng u
035 _a(Sirsi) u126527
100 _aBarnard, L.
245 _aAsk and ye shall receive
260 _c2004
490 _aEstates Gazette
_v(0421) 22 May 2004, 140-141(2)
520 _aReports on new ODPM commissioned research from the College of Estate Management that has found tenants appealing the official valuations of their council homes are routinely having more than 10% knocked off the asking price, especially in London. "Valuing for right to buy : a review of the valuation process in sales of local authority housing to sitting tenants" (J126372) also reveals that 36% of landlord valuations were reduced on appeal by more than 10% and only 2% increased, that the number of appeals in England has risen by 50% over the four years since 1997 and the 25% of councils with the highest appeal rates accounted for 54% of all appeals and 31% of all right-to-buy admissions. It also recommends a valuation code of practice by and for local authorities and Valuation Office Agency officers. Suggests that pressure is mounting to make it harder to sell off council stock at a discount. Includes a chart covering the effects of appeals on valuations.
590 _aABS
590 _aABS
650 _aVALUATIONS
650 _aAPPEALS
650 _aSITTING TENANTS
650 _aCOUNCIL HOUSING
650 _aSOCIAL HOUSING
650 _aRIGHT TO BUY VALUATIONS
650 _aCOUNCIL TENANTS
690 _aVALUATION AND INVESTMENT APPRAISAL-RESIDENTIAL
942 _n0
999 _c117549
_d117549