Property Valuation in UK: How much is your home worth?
Expert property valuation by Longrad
Are you curious about the current market value of your property?
With our expert property valuation service, you can discover the true worth of your home in the dynamic London property market. Whether you're considering selling, refinancing, or simply want to stay informed, our dedicated team at Longrad is here to provide accurate and reliable property valuations tailored to your unique location and property features.
With our expert property valuation service, you can discover the true worth of your home in the dynamic London property market. Whether you're considering selling, refinancing, or simply want to stay informed, our dedicated team at Longrad is here to provide accurate and reliable property valuations tailored to your unique location and property features.
When do you need a property valuation?
1
Property Purchase
Many clients turn to us when buying property. Imagine you find a house listed online for £15,000,000, and after negotiations, the agent offers a £500,000 discount, making it seem like an irresistible deal. However, how can you be certain it's not truly worth £13,000,000? Even when requesting the agent's sales history, they may selectively present data that supports their valuation of £14,500,000 while omitting any contradictory sales.
If you've found the perfect house or apartment but are uncertain about whether you're overpaying for it, give us a call. Our professional property valuation service can provide answers in just a few hours and for a modest fee. We'll let you know if you're paying more than you should and help you save potentially hundreds of thousands, or even millions, of pounds.
If you've found the perfect house or apartment but are uncertain about whether you're overpaying for it, give us a call. Our professional property valuation service can provide answers in just a few hours and for a modest fee. We'll let you know if you're paying more than you should and help you save potentially hundreds of thousands, or even millions, of pounds.
2
Mortgage Approval
When securing a mortgage for your property purchase, lenders often require a professional valuation to assess the property's market worth. This valuation helps determine the loan amount and ensures you're not overpaying for your mortgage.
3
Divorce Proceedings
During divorce proceedings, property valuation is crucial to fairly distribute assets. Accurate valuations help determine the value of the property and its equitable division between spouses.
4
Calculate Taxes
To determine the amount of ATED (Annual Tax on Enveloped Dwellings) tax. If your residential property is valued at more than £2 million and you purchased it through a legal entity, you are obligated to pay state tax based on the following scale:
- Value from £2,000,001 to £5,000,000 - tax of £15,000 per year
- Value from £5,000,001 to £10,000,000 - tax of £35,000 per year
- Value from £10,000,001 to £20,000,000 - tax of £70,000 per annum
- Value of £20,000,001 or more - tax of £140,000 per annum
5
Insurance
Property valuation is vital for insurance purposes. Ensuring your property is adequately insured requires an accurate assessment of its value.
6
Inheritance and Estate Planning
Estate planning often necessitates property valuation to determine the value of assets for inheritance tax purposes and the equitable distribution among heirs.
7
Property Improvement
If you plan significant renovations or improvements, understanding your property's current value is essential to assess potential returns on investment.
Why choose LonGrad?
- Expert AnalyticsReal-time expert information ensuring you're always ahead of the curve.
- Extreme ProfessionalismOffering 5-star service in the London property market since 2005.
- 24/7
In Touch24/7 accessibility and lightning-fast response times. - 100% Personalised ApproachExperience our commitment to delivering exceptional service tailored specifically to you.
Roman Grigoriev MRICS, the founder of LonGrad, is a qualified chartered surveyor and a property expert with 20+ years of experience in the field.
In addition to offering property search services, Roman has years of experience in professionally valuing apartments and houses for various purposes, including matrimonial proceedings, tax purposes and financial matters. He specialises in lease extensions and freehold enfranchisement, a niche area where only a select few in London can provide expert guidance.
With Roman you are in safe hands!
In addition to offering property search services, Roman has years of experience in professionally valuing apartments and houses for various purposes, including matrimonial proceedings, tax purposes and financial matters. He specialises in lease extensions and freehold enfranchisement, a niche area where only a select few in London can provide expert guidance.
With Roman you are in safe hands!
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