By Joy Stapley

Wed, 12/03/2014 - 11:03

When planning for the sale of a property, clients require a variety of information from their solicitor or agent. Top of the list of what they generally want to know is “How much is my property worth?” This will then inform them as to their likely budget for their subsequent purchase.

Lindsays provide a free, no obligation valuation service. At this visit, our representative will be able to provide you with an accurate, up-to-date assessment of the potential sale price of your property. This figure can then be used to determine whether to proceed to the next stage of placing the property on the market.

There are a number of factors that will be taken into consideration prior to reaching the valuation figure including locality, condition, size, recent comparable sales, similar properties on the market, demand, market conditions and local amenities to name but a few. Sometimes with a particularly unique property, even with all these factors taken into consideration, it can come down to the experience and “gut feel” of the valuer.

An accurate valuation is vital for the seller as they will need to know the figure that the property will be valued at by the surveyor for the Home Report – a mandatory document required by the sellers of all residential property with the exception of new builds. The Home Report includes a Mortgage Valuation which can be used by a purchaser to secure lending on the property. An experienced agent, with good local knowledge, will be able to assess the property using the same criteria as the surveyor, meaning that the seller can be confident in the valuation figure prior to committing to the expense of procuring a Home Report.

Prior to appointing your solicitor or agent, it is prudent to establish that your chosen firm has an established track record in successfully selling comparable property in your local area.

For a free, no-obligation appraisal of the current value of your property please complete our online form or contact our experienced teams in Edinburgh, Glasgow or Dundee.

Let's Talk

Our experts can discuss your property needs and can tailor our support to help you to get the best outcome.

Alternatively, should you wish to speak to someone, you can contact one of our offices.