Help to Buy Valuation
If you’re repaying your Help to Buy equity loan, you’ll usually need an independent valuation prepared by a RICS Registered Valuer.
A Help to Buy Valuation provides an objective assessment of your property’s current market value, helping you progress with the redemption process. Whether you’re repaying your equity loan in full, making a partial repayment or selling your property, we’ll provide clear advice and a professionally prepared valuation report.
What Is a Help to Buy Valuation?
If you purchased your home using the Help to Buy Equity Loan scheme, you’ll normally require an independent valuation before you can repay your equity loan or complete the sale of your property.
The valuation establishes your property’s current open market value, which is used to calculate the amount payable when redeeming all or part of your equity loan.
Unlike an estate agent’s appraisal, a Help to Buy Valuation is prepared by a RICS Registered Valuer using recognised professional standards, local market knowledge and comparable sales evidence.
When Will You Need a Help to Buy Valuation?
A Help to Buy Valuation is commonly required when:
- Repaying your Help to Buy equity loan in full.
- Making a partial repayment of your equity loan.
- Selling a property purchased through the Help to Buy scheme.
- Completing the equity loan redemption process.
- Remortgaging where a Help to Buy valuation is required.
If you’re unsure whether your circumstances require a valuation, we’ll be happy to explain the process before arranging your appointment.
What's Included in a Help to Buy Valuation?
Every Help to Buy Valuation is tailored to the individual property and the requirements of the Help to Buy scheme.
Where required, one of our RICS Registered Valuers will inspect the property, considering its size, construction, accommodation, condition, location and any factors that may influence its value.
The inspection is supported by comparable property sales, current market evidence and the professional judgement of your RICS Registered Valuer to establish an independent opinion of the property’s current market value.
Once completed, you’ll receive a professionally prepared valuation report prepared in accordance with the requirements of the Help to Buy scheme and suitable for submission as part of the equity loan redemption process.
How the Help to Buy Valuation Process Works
Arranging your Help to Buy Valuation is straightforward.
Once you contact us, we’ll discuss your requirements, explain the information we’ll need and arrange an inspection at a convenient time.
Following the inspection, the valuation is prepared using comparable sales evidence together with current market conditions before your completed report is issued.
Once you’ve received your valuation report, you can submit it as part of your Help to Buy equity loan redemption process. If you have any questions afterwards, we’ll be happy to explain the valuation and discuss the report with you.
Information We'll Need
To help us arrange your Help to Buy Valuation, we’ll normally ask for:
- The property address.
- Your contact details.
- Details of your Help to Buy loan, if available.
- Access arrangements for the property.
- Any relevant information that may assist the valuation.
If you don’t yet have all of this information available, don’t worry. We’ll explain what’s needed before arranging your appointment.
Help to Buy Valuation or Red Book Valuation?
Although both services are prepared by experienced RICS Registered Valuers, they are intended for different purposes.
A Help to Buy Valuation is specifically prepared to support the repayment or redemption of a Help to Buy equity loan.
A RICS Red Book Valuation is generally required where a formal valuation is needed for legal proceedings, taxation, secured lending, financial reporting or other regulated purposes.
If you’re unsure which valuation you require, we’ll explain the differences and recommend the most appropriate service before preparing your quotation.
Why Choose Viking Surveyors?
Choosing the right valuer is just as important as obtaining an accurate valuation. Our experienced team provides independent advice, professional valuations and clear communication throughout the process.
RICS Registered Valuers
Every Help to Buy Valuation is prepared by an experienced RICS Registered Valuer working to recognised professional standards.
Independent Advice
We provide objective valuations based on professional judgement, comparable sales evidence and current market conditions.
Prompt Turnaround
We understand that Help to Buy redemption applications are often time-sensitive and aim to provide reports as quickly as possible following inspection.
Nationwide Coverage
Our RICS Registered Valuers carry out Help to Buy Valuations for residential properties across England.
Frequently Asked Questions
Help to Buy Valuations are normally valid for a limited period, after which a new valuation may be required if the redemption process has not been completed. If your valuation expires before your application progresses, we’ll be happy to explain the available options.
Yes, but only certain improvements may be taken into account when determining your property’s market value. If you’ve carried out significant works, let your valuer know before the inspection so they can consider any relevant improvements during the valuation.
No. A Help to Buy Valuation reflects the property’s current open market value based on market evidence and the valuer’s professional opinion. It isn’t influenced by an asking price, estate agent’s opinion or the amount you hope to achieve when selling the property.
If you have concerns about the valuation, it’s important to discuss them with your valuer as soon as possible. They’ll be able to explain how the valuation was reached and the market evidence considered when preparing the report.
Yes. A property doesn’t need to be occupied for a Help to Buy Valuation to be completed. As long as suitable access can be arranged, the valuation can usually proceed in the normal way.
Improvements that form part of the property at the time of inspection will be considered where they affect its market value. The valuer will assess the property as it exists on the date of inspection together with current market evidence.
Yes. We carry out Help to Buy Valuations for residential properties across England through our network of experienced RICS Registered Valuers.
Yes. If you’re unsure which valuation is appropriate, we’ll explain the available options, discuss your circumstances and recommend the most suitable service before arranging your appointment.
Get In Touch
If you require a Help to Buy Valuation or you’re unsure whether this is the right valuation for your circumstances, we’re here to help. Tell us a little about your property and we’ll explain the process before preparing your quotation.
If you’d rather speak to someone, call us on:
Areas We Cover
With offices across England, we carry out Help to Buy Valuations for homeowners across a wide range of towns, cities and surrounding areas. Use the map below to find your nearest office and the locations it covers.