It is common in many jurisdictions for higher value investment property to be held in so called Special Purpose Vehicles, companies set up with the sole purpose of owning and managing a specific property.  This raises questions of how these properties should be valued and what assumptions should be made.  In our work auditing and reviewing valuations we see significant inconsistency and some questionable practices.  I address some of these below. The main reason for holding p

In an article last year, I commented on the potential for confusion arising from regulations being introduced to implement revisions to...

The long-awaited update of the RICS Red Book UK Supplement was published on 19 October. The changes that will surely attract most...

Little did Lennon and McCartney envisage that fifty years on from their plea to Prudence to emerge from her meditation on the “White...

Lenders frequently ask valuers they instruct about the suitability of the property as security. Most valuers will include a caveat to...

Many UK valuers will have heard about the recent case of Hart v Large, where a valuer was found negligent for not noticing or reporting...

With so many competing views about the impact on markets of the continuing shutdowns and other restrictions imposed because of Covid 19,...

The Covid 19 pandemic and the reactions of markets and governments is creating a huge challenge for valuers. While the virus may not be...

Whether Sir Arthur was talking about his profession as a medic or that of his fictional protagonist is unclear. However, I fear that the...

In both the UK and EU there will soon be substantial changes to current insolvency legislation, with jurisdictions aligning their...