What does a valuation surveyor do?

What does a valuation surveyor do?

With a typical working week of 37 - 40 hours, most valuation surveyors are office based, but will be required to visit properties and developments to:

inspect properties ? whether homes, commercial buildings, or land
provide valuations for secured lending (mortgages), taxation, management and development decisions
advise on issues relating to ESG (environmental, social and governance)
measure the value of properties ?  https://charteredsurveyorsurrey.com/best-valuation-surveyor-surrey/  can include size, condition, location and market trends
produce valuations for financial reporting purposes relative to International Financial Reporting Standards
advise on suitable rent for properties that are to be let


negotiate business rates, capital taxation, acquisitions and disposals
look into the environmental impact of particular developments
assess the economic viability of developments
work with home owners to suggest ways profit could be increased on property investments and offer property risk-related advice
create documents for mortgage valuations, tenancy contracts along with other legal matters
produce homebuyer reports, and
advise on property values, land purchase, tenure issues and related legislation.

So, what does a valuation surveyor do on a property valuation? A valuation surveyor will need to have a critical eye when viewing a property. You will need to inspect every room in the house as well as any yard, considering factors like the amount of rooms and any existing fixtures and fittings. You could be required to physically gauge the rooms, in addition to take note of the age of the property, the quality of vehicular access and parking.

Considerations must also be given to the exterior space including topography, location and how big is the plot. Additionally, you will need to consider any chance of future development. Lots of the same factors will again must be evaluated when valuing commercial property.