Authors: David Mackmin
ISBN-13: 9780728205284, ISBN-10: 0728205289
Format: Paperback
Publisher: Elsevier Science
Date Published: April 2008
Edition: (Non-applicable)
He is currently an executive member of the RICS International Valuation Faculty Board and of the RICS Europe Board and is an editor for isurv
David Mackmin's Valuation and Sale of Residential Property is an important book that comes at a time of considerable change in the residential market. With Home Inspection Packs (HIPs), Energy Performance Certificates and further Government proposals for consumer protection in the area of estate agency, pending, it is essential for the estate agents to bring themselves up to speed.
These revisions, supported by a team of academics and practitioners who also act as examiners for the National Association of Estate Agents, are integral to giving an honest appraisal of a house’s value. This text is the essential guide for: individuals entering the residential property market seeking guidance on the legal and professional standards expected from estate agents, surveyors undertaking inspections of residential properties and professionals carrying out residential mortgage valuations.
In addition to covering a wide range of topics including, building insurance, council tax and compulsory purchase, this book works as an aid to the residential property market to inform professional agents of who to refer a client to for expert advice.
List of figures | ||
List of tables | ||
Preface to first edition | ||
Preface to second edition | ||
Introduction | 1 | |
1 | Residential property and the determinants of value | 5 |
2 | The effect of physical factors on value | 16 |
3 | The valuation of residential property and methods of valuation | 35 |
4 | Residential agency | 57 |
5 | Taking on residential property for sale | 74 |
6 | Sales by auction | 101 |
7 | Selling new homes | 107 |
8 | Mortgages and mortgage valuations | 111 |
9 | Other residential surveys | 126 |
10 | The legal process | 132 |
11 | Leasehold residential property | 140 |
12 | The desirable plot | 152 |
13 | Home improvements | 169 |
14 | Investing in residential property | 178 |
15 | Valuation for other purposes | 184 |
App. IA Rent Charges Act 1977 | 199 | |
App. IB Cavity insulation of timber frame houses | 201 | |
App. IIA The nature and use of valuation tables | 203 | |
App. IIB Investment valuation of freeholds | 224 | |
App. IIC Dual rate approach to leasehold valuations | 226 | |
App. III Check lists | 229 | |
App. IVA Mortgage Valuation - guidance notes for valuers | 233 | |
App. IVB Alliance and Leicester - mortgage documents | 243 | |
App. IVC RICS manual of valuation guidance notes - extracts | 256 | |
App. V Home Buyer's Survey and Valuation | 265 | |
App. VI The Domestic Property (Valuation) Regulations 1991 | 277 | |
Further reading | 279 | |
Index | 281 |