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Rental valuations
Following the Spending Review which allows Housing Associations to charge 80% of the Market Rent for existing tenants, this type of valuation has become more highly demanded, as RSLs (Registered Social Landlords) try to fund new development schemes by non-traditional methods. These are carried out to reassess the rent that could be paid by the occupier. Rental valuations are also required for Re-lets and for New Development Intermediate Rented properties. E.surv can supply Market Rents by Internal Inspection, Drive-by or Desktop.
Valuations on Intermediate Rented Properties
e.surv supplies the 'Market Rent' and Housing Associations calculate the Intermediate Rented figure internally depending on the percentage charged. Normally Intermediate Rent is 20-30% lower than the Market Rent. Following the spending Review it is less likely that Intermediate Rents will be more than 20% lower.
Valuations on Re-lets
e.surv is able to carry out valuations on Re-lets by Drive-by and Desktop, although Drive-by valuations are the more accurate method of valuation.
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