JBS Surveying

Shared ownership resale and staircasing valuations in London

Independent RICS valuations for staircasing and for selling a shared ownership home, prepared to your housing association’s current instructions, which we check before we accept the work. Repaying a Help to Buy equity loan? See our Help to Buy valuation.

Call Joe: 020 7088 8125

Shared ownership resale or staircasing valuation

from £375

Full fee, including all taxes and fees, for properties valued up to £500,000. Confirmed in writing before you instruct.

Valuer
Joe Weaver, RICS Registered Valuer
Report
Typically within 5 working days of the inspection

When you need one

  • Staircasing

    Buying a larger share: the housing association uses the full market value to work out the price of the extra share.

  • Selling a shared ownership home

    Your lease or landlord may require an independent RICS valuation to set the price of your share.

  • Remortgaging

    Some landlords and lenders need a current full market value when you remortgage; send us their instructions first.

What the report covers

  • An inspection of the property, with photographs and measurements
  • Full market value of the whole property, prepared to the RICS Red Book
  • The lease and the landlord or scheme instructions you supply, reviewed before we accept the work
  • Comparable evidence and the reasoning behind the figure
  • The purpose, intended users and assumptions stated clearly

How it works

  1. Send the scheme instructions

    Send your landlord’s or administrator’s current valuation instructions with the address. We confirm we can accept the work, the fee and the dates.

  2. Inspection

    Joe inspects the property.

  3. Report

    The report is issued, typically within 5 working days of the inspection, in the form the instructions require.

Good to know

  • Requirements vary between lenders, housing associations and scheme administrators, and they change. Send the current instructions before booking.
  • Your share and rent are calculated by your landlord from the full market value according to your lease; the valuation gives the market value.
  • Valuations usually have a limited validity period set by the scheme, so time the instruction with your application.

All fees: see fees. Other services: all valuations and all surveys.

Questions

Something else? Call Joe

What is a shared ownership valuation for?
It establishes the full market value of your property so your landlord can calculate the price of a share for staircasing, resale or remortgaging, according to your lease.
Do you cover Help to Buy schemes too?
We can consider eligible equity-loan and shared-ownership instructions. Requirements vary by scheme, lease, landlord and administrator, so send us the relevant guidance before booking and we will confirm whether we can accept the instruction.
Will my lender or landlord accept the valuation?
Requirements vary between lenders, housing associations and scheme administrators. Send us their current instructions before booking so we can confirm the required scope, valuer eligibility and intended users.
How long does the process take?
Valuation reports are typically issued within 5 working days of the inspection. We confirm the inspection date and report date with your quote after reviewing the relevant scheme or landlord requirements.
What if I want to staircase to full ownership?
We provide the market value needed for staircasing. The housing association uses it to calculate the cost of buying the remaining shares.
Do you value the owned and rented portions separately?
We provide a full market value for the whole property. Your ownership share and rent are then calculated from this figure according to your lease.

Who values your property

Every JBS valuation is carried out and signed by Joe Weaver MSc AssocRICS MRPSA, a RICS Registered Valuer, in line with RICS Valuation – Global Standards (the Red Book). You deal with him from the first call to the report.

About Joe

Further reading

Get a shared ownership valuation quote

Send the address and what the valuation is for; you get the fee and dates in writing.

Call Joe: 020 7088 8125