RICS Valuations – Professional Standards (the ‘Red Book’) contains mandatory rules, best practice guidance and related commentary for all members undertaking asset valuations. The Red Book is issued by RICS as part of a commitment to promote and support high standards in Valuation delivery (also worldwide). The publication details mandatory practice for all RICS members undertaking Valuation services.
When carrying out a Valuation of a property, it would be usual for the Surveyor/Accredited Valuer to carry out both an external and internal inspection of the property and also to take some photographs which would often be attached within the appendices.
Once you receive your report, you are most welcome and are encouraged to call the Surveyor so that you may fully understand its’ contents, so you are best placed and fully informed. This will assist you in your decision making process.
Download Sample Report