Frequently Asked Questions
Why do I need a valuation?
All banks require an up to date valuation on a property in order to process a mortgage application.
What is a probate valuation?
Where a person dies leaving property it is a legal requirements that that property be valued at the date of the persons death before a probate certificate can be issued
What is a drive by valuation?
Where you already have a mortgage with a lending institution and you want to release some extra funds or top up your mortgage the bank may ask you to get a drive by valuation which entails instructing us to put a conservative valuation on the property by revisiting the property but not going inside and taking a new photo.
How long is a valuation valid for?
Valuations are generally valid for three months after which the property will have to be reassessed.
Do I need a snag list for my new apartment?
Most builders will request that you provide them with a snag list which is a list of all the items which remain to be finished in the unit i.e broken window locks, scratched counter top, leaking pipes etc. A snag list is essential to ensure that you get your unit properly finished.
Do you call back to carry out a final inspection after having carried out a snag?
Yes we do, this ensures that all works are complete to our satisfaction
We have signed contracts but it took six months to close our new house and the bank wants a new valuation is the value the same?
Unfortunately even though you have signed contracts an updated valuation can only be for the current date which may have changed.
Will you fill out the AIB Valuation Form for me?
Yes we will however we must visit the property and will prepare the report the next day.
What is a Valuers Panel?
This is a list of valuers who’s valuations are acceptable to that specific lending institutions.
Do all Banks have Valuers Panels?
Most Banks have panels of valuers however AIB and National Irish Bank do not operate Valuers Panels however the valuer carrying out the valuation must be a member of either IAVI, IPAV, SCS or RICS
Do you charge mileage for valuations?
No
Do I need a structural survey with my valuation?
If you are buying a property it is important for peace of mind to always get a structural survey, the cost of the survey compared to the money being spent on the property is negligible.
Will I need a final valuation when my building work is complete?
In most cases the bank will not release final funds until a final valuation has been completed.
Services Offered
Bank Valuations
Bank valuations is our specialism with fast turn around and same day turnaround where required.
Probate Valuations
We have carried out many probate valuations and offer this service at our standard valuation fee.
Family Law Valuations
Since we began, we have been recognized for our strength in litigation matters and have attended court for family law disputes as a professional witness on several occassions.
Transfer of Title
We supply certified valuations for transfer of title.
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