Affordable Housing Valuation
‘Affordable housing’ refers to properties that are offered for sale or rent for below their market value – usually as part of a scheme backed by the government or local council.
These initiatives are usually aimed at specific groups of people, such as local residents or those who earn below the national average wage.
Broadly speaking, affordable housing schemes aim to make cheaper homes available for people who can’t afford to buy or rent at market rates.
If you are looking to sell or re-mortgage your property and have bought under the ‘affordable housing’ scheme, then you will need an independent valuation by a RICS registered valuer in order to determine the current market value of your property.
We can undertake such valuations for you.