You are the freeholder, intermediate leaseholder, or leaseholder of a property, and need valuation advice for Inheritance Tax purposes.
Valuations for Inheritance Tax – Report.
We are able to provide valuation reports for Inheritance Tax purposes.
Valuations for Inheritance Tax. Process to calculate Market Value.
We are able to report on the Market Value for Inheritance Tax purposes at the required valuation date.
In order to calculate the Market Value for Inheritance Tax purposes, we as Chartered Surveyors, Regulated by RICS, with Registered Valuers that are experts in Valuations for Inheritance Tax Purposes can:
- inspect the flat / house / building;
- calculate the floor areas;
- research the market;
- consider the implications of any tenant’s improvements; and
- report on the Market Value for Inheritance Tax purposes on the relevant valuation date.
We take account of rental income, the value of the reversions, development potential, other income, “Hope Value” for the possibility of future premium receipts, and any other factors that impact on Market Value for Inheritance Tax purposes. We also have regard to the terms of the leases, deeds of variation, and licences for alterations etc. We advise on the Market Value for Inheritance Tax purposes at the valuation date. We are also able to advise on the likely cost of extending leases (flats) or enfranchising (houses, or blocks of flats).
Valuations for Inheritance Tax purposes. Examples of recent work.
We have recently:
Valuation for Inheritance Tax Purposes: Valued a 50% share in a central London House as at the date of death of the beneficiary’s uncle.
Our services: We are able to advise on the Market Value of a property interest for Inheritance Tax Purposes. We are Chartered Surveyors, Regulated by RICS, with Registered Valuers that are experts in Valuations for Inheritance Tax Purposes, and for other purposes. We are also able to provide further information in relation to Valuations for Inheritance Tax.
