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Advise on selecting a valuer

Fees are well spent if a valuer with appropriate expertise has been selected. There are many unqualified surveyors dabbling in this type of work and you should always understand the age, experience, qualifications and competency offered by the firm you select.

You should feel happy that the valuer you appoint understands current caselaw and the changing decisions on investment yields.

The valuer should be able to discuss his or her methodology of yields selection.

You should understand the number of similar cases that the valuer undertakes and more importantly to you what happens after the valuation.

How many are settled without further reversion to the valuer?

What information is provided in the valuation report to enable private negotiations?

What is the valuers fee structure for negotiations?

What is the valuers experience of presenting a case at Leasehold Valuation Tribunal?
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