The problem with the law is it sometimes zooms into the details that are oh-so boring. We decided to discuss RICS property valuation for probate in the broader context. That way, we can fit it into the wider picture of dividing an estate fairly after settling … [Read more...]
Truth Behind RICS Property Valuation
RICS Probate Property Valuation RICS Red Book Property Valuation - 100% Guaranteed Reports Probate is a legal term for the management of a deceased estate under government guidelines. This includes valuing any property, and settling any inheritance tax due. This … [Read more...]
The Store of Wealth in Your Chattels
An unusual mortgage could help you access the store of wealth in your chattels, if you don’t want to sell them right now. This is a particular form of security interest over tangible moveable property, and it works similarly to a property mortgage. Legal title to … [Read more...]
RICS Property Guide to Flooding
The RICS property guide to flooding explains the specific protection and adaption measures, that a prudent executor should take. This applies particularly to instances where there are delays in winding up an estate, and they find themselves acting as curator. RICS … [Read more...]
Separating Out the Chattels and Fixtures
One might have thought the distinction between chattels and fixtures was obvious at first sight. After all, Oxford Learner’s Dictionary defines chattels as ‘personal possessions that are not land and buildings’. While elsewhere it says fixtures are ‘fixed to a house … … [Read more...]
Sharing Family Chattels Under Probate
Sharing family chattels under probate can be a traumatic business, given the stresses of the moment that can cause rifts. We have had similar experiences when separating couples ask us to value joint possessions. Our discreet support includes converting them to cash, … [Read more...]
RICS House Probate Valuation Easily Explained
There are so many explanations for RICS probate property valuation in UK, it is not difficult to become confused. You may even wonder if some lawyer is trying to tangle you up in knots, although that should not be the case. We prepared this simple guide for Avery … [Read more...]
Things to Remember with RICS Property Valuations
A property’s value should reflect the present worth of the future benefits of owning it. This influences key factors including raising finance, taking adequate insurance, and distributing shares of a deceased estate in turn. Therefore, this is not something we should … [Read more...]
UK Property Boom to End This 2023
There’s a lot to be said to listening to what Royal Institution of Chartered Surveyor members (RICS) say about property prices. Rather than absentmindedly hearing what estate agents think. That’s because RICS bases its opinions on hard facts, when it says the UK … [Read more...]
Valuing Chattels and a House for Probate
You have to get permission (solicitors call it probate) before you can wind up a deceased estate. The UK government will not provide this permission, until any inheritance tax due is settled. HMRC calculates this duty based on the value of the estate. This post … [Read more...]
