Valuations for mortgage purposes — The background for a valuation survey

Abstract

The following article, which will be of considerable interest to surveyors who carry out building society valuations, refers to the suggested procedure in respect of the inspection of roof spaces. Experience gained from Henry Stewart Training Courses shows that there is no more contentious area of discussion than how far the building society surveyor and valuer is expected to carry out his investigation in this regard. On the one hand, there is the duty of care, but against this the surveyor or valuer works for a fixed fee which does not allow for added time at the property. The Royal Institution of Chartered Surveyors has a committee working on aspects of this field at the present time; and readers are cordially invited to present their views to Structural Survey.

Citation

Moreton, P. (1986), "Valuations for mortgage purposes — The background for a valuation survey", Structural Survey, Vol. 4 No. 3, pp. 260-268. https://doi.org/10.1108/eb006238