May 10th, 2022

Using the Rightmove SCT and Good Valuation Practice

Rightmove’s Surveyor Comparable Tool (the SCT) is used by surveyors over 200,000 times each month. It is an instant-access, 24/7 tool that supports residential valuations by checking against comparable property data from the…

August 10th, 2021

The Valuation of Leasehold Properties for Secured Lending

The RICS recently published a new guidance note: “Valuation of Residential Leasehold Properties for Secured Lending Purposes”. This guidance note, which covers England and Wales, is effective from 1 July 2021. In this…

June 10th, 2020

Valuing New-Build Property

In this article we explore the approach to valuing new-build residential property being sold for the first time (this includes actual ‘newly built’ property as well as new conversions etc.). This is an…

November 11th, 2018

Down Valuations

CHRIS RISPIN FRICS, DIRECTOR, BLUEBOX PARTNERS  Director of BlueBox Partners, Chris Rispin, explains what the valuer is trying to achieve and what the seller can expect from ‘down valuations’. Recent media coverage has…

November 10th, 2018

The Red Book

Recent changes and what they mean for you FIONA HAGGETT BSc (Hons) FRICS OPERATIONS DIRECTOR, BLUEBOX PARTNERS  The RICS Valuation Professional Standards (Red Book) has long been the backbone of valuation, first in…

September 17th, 2018

How Do I Calculate BCIS for a Roof Room?

The BCIS will make a calculation adjustment for roof rooms that are above a 2 storey house. The roof room adjustment will reduce the rate of the rebuild cost calculated for the rest…

September 10th, 2018

BCIS – Integral and Detached Garages

An integral garage is part of the ground floor of a house and is covered by the main roof of the property, whereas an attached garage built against the side a house has…

September 10th, 2018

BCIS – Rebuilding Costs

After you click the BCIS button (FIGURE 1), you can view ‘Rebuilding cost notes’ via the link at the top of the page (FIGURE 2) Figure 1 Figure 2

April 10th, 2018

Valuing Development Sites – Lessons Learned

The lessons that can be learned from Dunfermline Building Society v CBRE Ltd by Chris Rispin, Managing Director, BlueBox Partners In 2017, a claim was heard for a breach of professional negligence by CBRE…

April 10th, 2018

Two Valuations of a Residential Development

Tiuta International v De Villiers Surveyors [2017] UKSC 77 by Duncan Greenwood & Charlie Bending, Partners, DAC Beechcroft The claim (Tiuta International v De Villiers Surveyors [2017] UKSC 77) under discussion involved two…