Many people see property valuations as being an unnecessary expense, but in actual fact they are a key tool in the toolbox of many small businesses. This blog, in conjunction with the PDF on the subject, shows you why and when you might need a property valuation.
Why You Might Need a Property Valuation?
In this blog, we take a look at one occasion where you might need to enlist the help of a chartered surveyor to perform a property valuation. Other reasons can be found in our PDF on property valuations.
For Company Accounts
Assets owned by a company, such as buildings or land, need to be valued to current market value. If you can provide an up to date valuation then it could save you a lot of time.
Often, property valuations take place following a change in the Directors or Shareholders within a company. This may require an updated valuation of the company’s assets, and the market value of the company’s physical property is just one aspect that needs valuing.
Not having an up to date valuation, can result in delays over agreements and stall negotiations, something that can hurt small businesses in particular.
A property valuation is not another way to make money off you, it’s a vital service that could save you time, money and help you move forward in important business negotiations.