RESIDENTIAL SERVICES

Valuations

RICS Red Book Valuations – Trusted, Independent & Compliant

Accurate valuation advice underpins major financial and legal decisions.

Whether for taxation, litigation or strategic planning, you require an opinion that is independent, defensible and compliant with professional standards.

At BN Surveyors, we provide formal valuations prepared in accordance with the Royal Institution of Chartered Surveyors Valuation – Global Standards (Red Book Global Standards) and the UK National Supplement. All reports are prepared by a Registered RICS Valuer and are suitable for submission to HMRC, solicitors and the Tribunal where required.

We act across Prime Central London and the Southeast, advising private clients, corporate owners, trustees and legal professionals.

What is a Red Book Valuation?
A Red Book valuation is a formal report prepared in accordance with mandatory RICS professional standards. More Info.

Valuation Purposes

We provide formal valuation advice for:

  • Probate (Inheritance Tax)
    Market value at date of death in accordance with statutory definition.

  • Capital Gains Tax (CGT)
    Including retrospective valuations (e.g. 5 April 2015 rebasing), part-disposals and connected party transfers.

  • Annual Tax on Enveloped Dwellings (ATED)
    Valuations for corporate residential property holdings requiring ATED returns and periodic revaluation thresholds. We provide compliant valuations suitable for submission to HMRC and ongoing reporting cycles.

  • Matrimonial Proceedings
    Single joint expert or party-appointed expert reports.

  • Portfolio Valuation
    Multi-asset residential and mixed-use portfolios.

  • Expert Witness
    Tribunal and court-compliant reporting.

Each valuation is tailored to its statutory framework and reporting requirement.

ATED Valuations – Corporate Residential Holdings

If a residential property is held within a company or corporate structure and exceeds the relevant value threshold, an ATED return may be required. These valuations must reflect Market Value at the applicable valuation date and may be subject to HMRC scrutiny.

We provide:

  • Initial ATED valuation reports

  • Periodic revaluation advice

  • Portfolio ATED assessments

  • Support where HMRC queries arise

  • Our reporting is clear, compliant and supported by detailed comparable evidence analysis.

Our Approach

We adopt the Comparable Method for residential property, analysing recent transactions of similar properties and adjusting for differences in:

  • Location

  • Size and configuration

  • Condition and specification

  • Tenure

  • Lease length (where applicable)

Market Timing

Where required, we provide commentary on lease length relativity, retrospective market conditions and statutory valuation assumptions.

For Prime Central London property, we combine transactional analysis with detailed local market insight, ensuring conclusions reflect real trading evidence rather than automated data.

Why Choose BN Surveyors?

  • Registered RICS Valuer & Fully Regulated by RICS

  • Professional Indemnity Insurance

  • HMRC-compliant reporting

  • Experience across Prime Central London

  • Clear explanation of comparable evidence

  • Tribunal-ready documentation

  • Director-led advice

  • You will speak directly with the surveyor responsible for your valuation

Helpful Information

  • Fees depend on property value, complexity and reporting requirements.

    • Standard Residential Valuation:
      From £950 + VAT

    • Probate / CGT Dual-Date Valuation:
      From £1,450 + VAT

    • ATED Valuation:
      From £1,250 + VAT

    • Portfolio & Expert Witness Matters:
      Quoted individually

    We provide a fixed fee proposal before instruction.

    • Inspection typically arranged within 3–5 working days

    • Report issued within 3–7 working days following inspection

    • Retrospective and ATED valuations may require additional research time

    • If timing is critical (for tax submission deadlines), please advise and we will prioritise where possible.

    • Will HMRC accept the valuation?
      Yes — provided it is prepared in accordance with Red Book standards and supported by appropriate comparable evidence.

    • Do ATED valuations require inspection?
      Yes, in most cases a physical inspection is recommended to ensure defensibility.

    • Can you assist with HMRC challenges?
      Yes — we provide supporting evidence and clarification where queries arise.

    If you require a formal valuation for Probate, CGT, ATED or other purposes, please contact us with the property address, valuation date and purpose. We will respond promptly with scope, fee and availability.

Require a Compliant Red Book Valuation?

020 7101 3382info@bnsurveyors.com

Contact us to discuss your requirement and receive a clear, fixed-fee proposal tailored to your property and reporting needs.

Contact Us Today