000 01976cad a22002775a 4500
005 20251219120303.0
008 251219s2025 xxk f f 001 0 eng d
020 _a9781783215607
035 _a(Sirsi) u159942
041 0 _aeng
050 0 4 _a333.332 $2 18
110 2 _aRoyal Institution of Chartered Surveyors
_94900
245 0 0 _aBank lending valuations and mortgage lending value
_h[electronic resource]
250 _a2nd ed.
260 _aLondon,
_bRICS,
_cOctober 2025
490 0 _aRICS Professional Standard
520 _aThis updated professional standard, effective from 1 January 2026, is essential for RICS members providing valuation services for bank lending purposes in or subject to EU jurisdictions. It also serves as a valuable resource for borrowers, lenders and regulatory authorities to better understand the evolving valuation landscape. The second edition of this standard has been revised to reflect significant regulatory changes, particularly the new Basel 3.1 guidance and the EU's Capital Requirements Regulation (CRR III). These updates introduce ‘prudently conservative valuation criteria’, which will have a major impact on how property valuations are conducted for secured lending.
520 _aOn 12 December 2025 this professional standard was reissued to update section 3.2.2 (Spain) following the enactment of the Spanish Ministerial Order ECM/599/2025, effective from 12 August 2025. This Order mandates changes to valuation requirements, particularly concerning mortgage lending value and sustainability criteria.
520 _aReplaces 1st edition ISBN 9781783212293 which was in place 1 June 2018 to 31 December 2025
650 2 4 _aLENDING
650 2 4 _aMORTGAGE VALUATION
651 4 _aEurope
690 _aValuation
_96273
856 4 0 _uhttps://www.rics.org/content/dam/ricsglobal/documents/standards/Bank-lending-valuations-and-MLV_2nd-edition_Dec2025.pdf
_zAvailable free on RICS.org
942 _n0
_2ddc
999 _c122233
_d122233