Our impartial Right to Buy property valuation service provides you with an accurate, independent market valuation of your shared ownership or council home to ensure that you get a fair deal.
The Right to Buy scheme allows eligible tenants to buy their council or housing association home for as little as 30% of its current market value. Once you apply to your landlord for Right to Buy, they have the option to make you an offer. The offer letter will contain their valuation of the property and a summary of the property’s condition.
An independent Right to Buy Property valuation conducted by AJA RICS Registered Surveyors covering London, the South East and Yorkshire can help you verify whether your landlord’s valuation is accurate and support you in challenging their terms. An independent valuation will also help support your appeal to the District Valuer.
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Why Choose AJA Surveyors?
Our right to buy property valuations carry the authority of the Royal Institution of Chartered Surveyors. Our experienced chartered surveyors will provide you with comprehensive, reliable valuations that meet your landlord's criteria, namely:
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- We are registered valuers with RICS qualification
- Our market valuation reports include at least 3 comparable properties with analysis and justification where possible
- Right to buy property valuation reports are issued following full external and internal inspections of your home
- Right to buy valuation reports are provided for non-lending purposes
- The valuation report is valid for 3 months, and validity is shown on the report
- We take into account the number of years remaining on the lease
In addition, because the valuation report is prepared for Right to Buy purposes it will comply with the following requirements:
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- Exclude any significant improvements made regarding Staircasing value
- The open market valuation will include any improvements made to the property
- Local knowledge is implemented when carrying out the valuation, as required by the Royal Institute of Chartered Surveyors (RICS)
Our Right to Buy House Valuation Analysis
House valuation analysis is carried out following retrieval of appropriate comparable evidence, i.e. data on similar properties. This involves making adjustments in sales figures achieved to capture the differences between the comparable and the subject property.
The application of these valuation methods can become complex, as a Valuer’s appraisal has to take into consideration a broad range of macro-economic and local geographic factors to be deemed accurate and trustworthy. It is for these reasons that lending institutions and stakeholders only rely on professionals, namely Chartered Surveyors, for their opinions of property market value.
All Aston James Associates Chartered Surveyors are members of the Royal Institution of Chartered Surveyors (RICS) with years of experience providing reliable valuations in London and the surrounding areas, so you can have peace of mind that our comprehensive reports tick all the boxes.
Call us today or use our contact form to get a quote.
Frequently Asked Questions
The Right to Buy Scheme allows most council and housing association tenants to buy their council homes at a considerable discount. According to current regulations in England, you can apply to buy your council home if:
- It is your only or main home
- It is self-contained
- You are a secure tenant
- You’ve had a public sector landlord
Enlisting the services of an independent valuator can help ensure that your landlord’s offer is accurate and fair. If you disagree with the price offered by your landlord, you can appeal their offer to the District Valuer. In these cases, an independent valuation will help support your claim to the District Valuer.
- Physical inspection of the property by a surveyor, considering size, location, construction, and property specifications
- Retrieval of sales data for comparable properties
- Valuation of the property, assessing the data collected upon inspection and comparable properties data
- Creation of a full written report, including all evidence, assumptions, and calculation methods used
