• Leasehold Valuations : On entering
into a new lease agreement.
• Licensed Trade Valuations :
Such as pubs, hotels and restaurants.
• Insurance Valuations :
Calculate current property reinstatement sum.
• Development Appraisal :
Provide gross development valuations, comment
on costs.
• Asset Valuation : Provide
valuation of all business assets, compliance with
RICS Guidelines.
• Presale Valuation : This
is a very limited inspection of the property designed
to provide the client with an opinion of Open
Market Value (OMV) only at the present time or
at an alternative specified date. Although a qualified
surveyor will carry out the inspection, it is
not a survey. The report may suggest that prior
to exposure for sale further investigation may
be necessary.
Valuation
Valuation instructions for "Acquisition"
and/or "Bank Security" purposes account
for the largest proportion of our Commercial work
and the vast majority of institutional lenders
accept our reports. You can be safe in the knowledge
therefore that the report we provide will be suitable
for your lender. Insurance Valuations: calculate
current property reinstatement sum. Based on up
to date building costs. Index linked. Avoid being
under insured.
Building Survey
The Building Survey is considerably more expensive
than any other type of report in recognition of
the work involved. A Building Survey will not
normally include a valuation, which should be
requested at the time of instruction if required.
On receipt of your instruction one of our Surveyors
will contact you to agree terms and limitations.
A BUILDING SURVEY are specifically tailored to
suit the individual client and will be set out
and agreed in written form between the client
SMS prior to the survey being carried out. They
will be fully binding and contractual in their
effect and will include full details as to the
degree of inspection to be undertaken, headings
and sub headings of the report and the fee payable
on completion which may be subject to additions
should further costs be incurred. (E.g. cost of
Drainage, Electrical, and Mining Reports etc).
RESIDENTIAL APARTMENTS
/ BUILDING SURVEY
RESIDENTIAL APARTMENTS / BUILDING SURVEY (formerly
called a Full Structural Survey) provides a detailed
and full picture of a residential property. It
is tailored to the client's individual requirements.
The report includes extensive technical information
on construction and materials as well as details
of the whole range of defects, major to minor.
This type of survey is in fact rarely used in
Pakistan, partly because of the speed at which
house purchase normally takes place here. The
owner of the property is unlikely to allow a building
survey to be undertaken, as it does involve some
limited disturbance to the building, unless there
is a limited market for the property and a very
strong interest has been expressed by a possible
buyer.
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