Terms and Conditions : Valuation Surveys

1. The Valuer shall advise the Client as to his opinion of the value of the freehold/leasehold interest in the property, as specified by the Client. 

2. The purpose for which the valuation is required shall be as agreed between the Client and the Valuer. 

3. Unless otherwise specifically agreed the value advised by the Valuer shall be the open market value current at the date of the valuation. 

4. Subject as hereinafter provided, the Valuer shall carry out such inspections and investigations as are, in his professional judgement, applicable and possible in the particular circumstances. 

5. The Valuer shall unless otherwise expressly agreed rely upon information provided to him by the Client or the Clients legal or other professional advisers relating to tenure, tenancies and other relevant matters. 

6. The Valuer shall have regard to the apparent state of repair and condition of the property but shall be under no duty to carry out a structural survey of the property nor to inspect woodwork or other parts of the structure which are covered, unexposed or inaccessible; neither shall he have a duty to arrange for the testing of electrical, heating or other services. 

7. In undertaking this report the following assumptions have been made:- 

a) that no high alumina cement concrete or calcium chloride additive or other potentially deleterious material was used in the construction of the property or has since been incorporated; 

b) that the property is not subject to any unusual or especially onerous restrictions, encumbrances or outgoings and that good tide can be shown; 

c) that the property and its value are unaffected by any matters which would be revealed by a Local Search and replies to the usual enquiries, or by any statutory notice, and that neither the property, nor its condition nor its use, nor its intended use, is, or will be unlawful; 

d) that inspection of those parts which have not been inspected would neither reveal material defects nor cause the Valuer to alter the valuation materially; and 

c) that all mains services are available to the property unless otherwise stated by the Valuer. The Valuer shall be under no duty to verify these assumptions.

8. The Valuer shall provide to the Client a report setting out his opinion of the value of the relevant interest in the property. The report will be provided for the stated purposes and for the sole use of the named Client. It will be confidential to the Client and his professional advisers. The Valuer accepts responsibility to the Client alone that the report will be prepared with the skill, care and diligence reasonably to be expected of a competent Chartered Surveyor, but accepts no responsibility whatsoever to any person other than the Client himself. Any such person relies upon the report at his own risk. Neither the whole nor any part of the report or any reference to it may be included in any published document circular or statement nor published in any way without the Valuer's written approval of the form and context in which it may appear. 

9. The Client shall pay to the Valuer in respect of the said professional advice a fee to be agreed between the Client and the Valuer. In addition, the Client will reimburse the Valuer the cost of all reasonable out of pocket expenses which he may incur and pay the amount of any Value Added Tax on the fee and expenses.

 
ALL HOWARDS VALUATION SURVEY ORDERS ARE ACCEPTED UPON THE BASIS THAT YOU HAVE READ, UNDERSTOOD AND ACCEPT THESE TERMS AND CONDITIONS

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