Help to Buy Valuations Harwich
Morgan Sloane are experienced Chartered Surveyors, based in the Essex area, that specialise in Help to Buy home valuations.
Target HCA, the government provider of the Help to Buy scheme, requires all properties to be valued by an independent, RICS registered Chartered Surveyor when the owner wishes to sell or remortgage. This is also required if you wish to purchase more equity in your property, a process commonly known as Staircasing.
At Morgan Sloane, we pride ourselves on providing a reliable, fast and accurate service. Get in touch with a member of our team today and let us arrange your Help to Buy home valuation in Harwich.
Why do I need a Help to Buy valuation?
When you purchase a Help to Buy home, you enter into a contract with Target HCA who will own a percentage of the property. This means that if you decide to sell, remortgage or increase your amount of equity, you’ll need to ensure that you provide Target HCA with a home valuation report. Target HCA uses the home valuation report to determine your repayment fee. It’s important to know that this will be based on the current market value of your property, not your initial loan amount.
How do you make a valuation?
One of our experienced, RICS registered Chartered Surveyors will make an appointment to attend your property and conduct a home inspection. They will then combine the findings of this inspection with insights into the property market and information about your local area. Our team has extensive experience producing home valuation reports and have thorough knowledge of Harwich and the surrounding areas. So, you can rest assured that your Help to Buy home valuation report will be accurate.
Once receiving your report, it’s vital that you send this to Target HCA within 3 months. This is because the Help to Buy home valuation report is only valid for this amount of time. We recommend that you only hire a Chartered Surveyor to conduct a Help to Buy home valuation when you are in the position to sell, remortgage or increase your equity.
Next steps…
Contact our team of independent, RICS registered Chartered Surveyors at Morgan Sloane and let us organise your Help to Buy home valuation in Harwich.