"A value is valuable when the value of value is valuable to oneself."
Dayananda Saraswati 1824-1883
Values and valuation are much discussed but often misunderstood. In the financial world this can lead to misunderstanding, market inefficiency and mispricing.
Valuology advises valuation providers, valuation users and professional organisations on how their processes and procedures can be improved to ensure that valuations are properly prepared and understood by those who rely on them. Our objective is to maximise market confidence in the valuations provided and minimise risks for providers and users.
To see what we do click or download our ebrochure.
RICS UK Red Book update - consultation draft published
RICS is reviewing the current UK Supplement to the Global Red Book. The main driver for this review is to implement the changes resulting from the Pereira-Gray Review recommendations, which mainly have an impact on valuations of real estate for investment vehicles in the UK. However, the opportunity is also being taken to update other content in the UK supplement to reflect changes in the regulatory environment since the last update in 2017.
A consultation draft was issued on 1 November, with comments required before 14 December.
Resources for Valuers
We publish useful information for valuers on various technical issues. Available as booklets or as eBooks, they provide an affordable resource for the busy practitioner.
We review proposed new laws, regulations and standards that are relevant to valuers. We then produce summaries of the key things valuers need to know and what we think of the proposals. We also provide a copy of any response we make to consultations.