| 000 | 02319nam a22003017a 4500 | ||
|---|---|---|---|
| 001 | 121335 | ||
| 008 | 160218s2021 xxk|||||o|||| 00| 0 eng d | ||
| 020 | _a9781783214273 | ||
| 041 | _aeng | ||
| 100 | _a Swinburne, Nick | ||
| 110 | _aRoyal Institution of Chartered Surveyors | ||
| 245 |
_aValuation of residential leasehold properties for secured lending purposes _h[Electronic resource] |
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| 260 |
_aLondon, _bRoyal Institution of Chartered Surveyors, _cMay 2021 |
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| 300 | _a28p. | ||
| 490 | _aRICS Guidance note | ||
| 520 | _aThis guidance note is intended to support valuers undertaking valuations for secured lending purposes on residential leaseholds in England and Wales. 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. | ||
| 520 | _aRICS 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 | _aSecured lending | ||
| 650 | _aResidential Property | ||
| 650 | _aLeasehold Valuation | ||
| 651 | _aUnited Kingdom | ||
| 690 |
_96273 _aValuation |
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| 690 |
_96266 _aResidential property |
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| 700 | _a Swinburne, Nick | ||
| 710 | _aRoyal Institution of Chartered Surveyors | ||
| 856 |
_uhttps://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 _zAvailable free on RICS.org |
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| 942 | _n0 | ||
| 999 |
_c121335 _d121335 |
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