Chartered Surveyors and Valuers
HomeRICS Property Valuation
Royal Institution of Chartered Surveyors and Registered Valuers based in Newmarket, Suffolk
John Johnstone, Keylocks’ director, is a Royal Institution of Chartered Surveyors Registered Valuer (RICS), and is licensed to undertake property valuations which are compliant with the RICS Valuation Standards or “Red Book”.
The RICS Valuation Standards are Global in extent, and being a valuer gives the opportunity of providing a variety of services.
Probate Valuations
These valuations are provided to the Inland Revenue when someone dies, and the value of their property forms part of their estate. The value placed on their house will determine their liability for Inheritance Tax, along with other possessions. Your solicitor or accountant will request a valuation to be undertaken and we regularly provide this service. Our scale of fees provide details of charges.
Capital Gains Tax
When property is disposed of (with certain exceptions) the gain will be taxable. A valuation is often required giving the cost at acquisition of the property, which we are able to calculate and provide. Your accountant will probably ask for this which we are able to provide.
Matrimonial or other reasons for a valuation
A valuation may be required in the case of a property being the subject of matrimonial proceedings, or a part disposal of property.
Pension Funds
In certain cases a valuation may be required to place commercial property into a pension scheme or for other types of property. We take instructions from pension providers to give such valuations.
Equestrian Property specialists
We are specialists in equestrian property, and will value these on a national basis. Our particular expertise is within the thoroughbred Racing and Breeding sector, but we value all types of property within this sector.
Why use Keylocks Chartered Surveyors?
Keylocks have particular knowledge of the local area, and are able to advise on market trends, value in particular areas or villages, and planning matters.
Our personal service gives confidence to clients, and we use our knowledge to answer any questions that might arise both before and after reporting.
We are not constrained by conditions imposed by a controlling head office, and are therefore able to concentrate on an individual’s requirement.
Get a property valued
If you are interested in having a property valued through Keylocks then please contact us for further information and one of our experienced members of staff will get back to you as soon as possible.