Quick Help to Buy Valuation
*subject to availability
The Homes England Help to Buy scheme has helped thousands of people to buy their home by offering a contribution towards the initial purchase. This means that they continue to own a percentage of your home. You may decide that you wish to buy back some, or all of the Help to Buy share of your home. If you do, you will need a RICS Help to Buy Survey (otherwise known as a Help to Buy valuation Report).
We have made it really easy to get a Homes England Help to Buy Valuation Report. Simply follow these steps and we can get a surveyor to attend your property and produce a report for you to give to your Help to Buy agent and Homes England. Incidentally, all of our reports come with a ‘money back guarantee‘ to be accepted by Homes England.
Do you have a shared ownership home? Click here to view our shared ownership valuation page.
It’s really important that you get the right company to perform this for you as the wrong valuation could cost you thousands of pounds. Our job is to give you an accurate Help to Buy Valuation Report which can be presented to Homes England.
Local coverage
All of our surveyors have excellent local knowledge, which is absolutely crucial for providing accurate valuations. With 124 postcode areas and nearly 3,000 districts across the UK, we work with a network of approved partners to ensure we can offer nationwide coverage. However, surveyor availability can sometimes be outside our control. While we will always do our very best to arrange your valuation, if for any reason we are unable to, we will issue you with a full and immediate refund.
If you have any concerns, please call on 03300 587127 prior to booking and we will put your mind at rest.
Book Online...
Book your Help to Buy Survey today using the form below and secure payment. Once you have paid, we will contact you to arrange a suitable date to visit your property.
If you have any issue booking, please contact us for assistance.
Reports for people who are looking to repay some, or all of their Help to Buy equity loan.
A Homes England Help to Buy Valuation Report is a complicated document that we prepare for you.
- The Valuer must be registered with the recognised qualification of RICS.
- The Valuer must be independent to an Estate Agent.
- The report must be on headed paper, signed by the RICS surveyor and addressed to Homes England..
- The Valuer MUST provide at least 3 comparable properties and sale prices.
- The comparables provided must be like for like in terms of property type, size, and age and within a 2 mile radius to the property that is being inspected.
- The Valuer must not be related or known to client.
- A copy of the valuation report must be supplied to Homes England at the following address via postal service - Homes England, PO Box 911, Newport, NP20 9PA
- A copy of the valuation report must also be supplied to the client.
We Have Years of Experience In Producing High Quality RICS Help To Buy Valuations.
We love helping people and that’s why there is no question too big or too small. Of course, your mortgage provider or financial adviser will be helping you with the details surrounding remortgaging. Alternatively, you may have only spoken to Help to Buy or Homes England.
Whilst our job is to provide you with an accurate valuation, we can also help you with any questions relating to redeeming or staircasing your Help to Buy Mortgage.
If you have any questions, please email enquiries@acresurveying.co.uk or you can contact us at any time for more information
It’s very similar to a mortgage valuation where come and visit your home before using our local market knowledge to put a value on your property. We will reasearch the values of similar property and take into account market conditions.
We like to visit Help to Buy valuations within 2 working days and sometimes sooner dependent on location and availability. The report itself will take no more than 30 minutes and we send you a copy within 48 hours.
Remember it is only valid for 3 months. After that, we will need to reconfirm the valuation and if after 6 months we may need to perform a new report. Also, the longer you leave it, your property may go up in value which will mean that your Help to Buy valuation will be higher.
Once you have successfully submitted a valid Help to Buy valuation report you will receive an estimated repayment quote. This will include details of any arrears and your daily interest payment rate to allow your solicitor to calculate an accurate final repayment sum.
Here is a handy guide from Homes England which explains everything.
All of our RICS Surveyors like a cup of Tea or Coffee. I’m sure they would all be very grateful to be asked that question! On a serious note, we are a friendly bunch that love helping people, we take an invitation into your home as a great honour.
Help to Buy Valuation Report, A Surveyors Perspective
When you bought your home, you had a valuation carried out by the mortgage lender to ensure that the property was worth what the developer was selling it for. The mortgage lender wanted to be 100% sure that the value was correct which is why they instructed a RICS surveyor.
My job is to make sure that we get a 100% accurate valuation for your property so that when Target Help to Buy calculate what you owe them, it is the correct amount. I take time to understand the true value of your property and do not simply work off what you paid for it.
Make sure your Help to Buy valuation is accurate by appointing fpsurveying to come out and see you.
Selling your home
If you sell the property, you will need to repay your Help to Buy loan in full.
The repayment amount you will be calculated as a percentage of either the current market value or the agreed sale price of your home (whichever is higher).
Repaying but not moving
This is where you decide to fully repay your help to Buy loan without moving.
The repayment amount you will be calculated as a percentage of the current market value which will be determined by your chosen RICS qualified Chartered Surveyor example; FP Surveying.
Part repaying but not moving
This is where you decide to part repay your help to Buy loan without moving.
The repayment amount will be calculated as a percentage of the current market value, which will be determined by your chosen RICS-qualified Chartered Surveyor for example; FP Surveying.
Remortgaging
Good news, you do not need a Help to Buy valuation!
As long as you are not intending to borrow more, all you need to do is complete a form and submit your mortgage statement. You will also have to pay £115 to Homes England.
Remortgaging (same lender)
Good news, you do not need a Help to Buy valuation!
If you’re staying with your current lender to remortgage without borrowing more on your Help to Buy home, you do not have to contact Homes England or request permission.
