Blog Post No.71
How to get the best property valuation or lease extension – Jonathan Harris
Listen to this in-depth and detailed discussion with Jonathan Harris, RICS registered valuer, regarding the intricacies of property valuations and lease extension. Learn about the parties involved, the procedures, and what your expert can do to improve the outcome of the process.
“You instruct a surveyor somebody like me. And generally, the need for that is twofold. The first is one of budgeting, in that there’s little point in undertaking the process if, at the end of the day, you can’t afford to go through with it. The second thing, and probably the more immediate, is that the section 42 Notice drawn up by your solicitor needs to have a price, and it needs to have an offer price, the price that you’re prepared to pay the competent landlord for the new lease.”