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Purpose & What We Did

We recently conducted a RICS Valuation Report for a stunning Discount Market Sale (DMS) apartment in this prestigious development. This scheme offers eligible buyers the opportunity to acquire a luxury property at a substantially reduced price. Our objective was to provide a comprehensive valuation report that accurately reflected the property's market value under the DMS framework, assisting both buyers and sellers in making informed decisions.

At Nicholas & Co., we specialise in RICS valuations for properties across London and the South East, including exclusive developments like this one. Our process began with a detailed assessment of the apartment, considering its unique features, location within the development, and current market conditions.

Our experienced team conducted a thorough inspection of the property, meticulously documenting its condition and architectural attributes. We utilised advanced valuation methodologies approved by RICS to determine a precise market value that aligns with the Discount Market Sale guidelines.

Following our inspection, we compiled a comprehensive RICS Valuation Report. This report included a detailed analysis of comparable sales and rental data within the development and surrounding area, providing a clear assessment of the property's value under the DMS scheme. Additionally, we outlined any specific conditions or limitations associated with the discounted purchase price, ensuring transparency for all parties involved.

Our commitment to delivering accurate and insightful valuations enabled us to support our clients effectively in navigating the complexities of the Discount Market Sale process. By leveraging our expertise in high-value property assessments and adherence to RICS standards, we facilitated informed decision-making and contributed to the successful sale of this prestigious apartment.

Outcome

Our RICS Valuation Report played a pivotal role in facilitating smooth transactions within the Discount Market Sale (DMS) scheme. By accurately assessing the market value of the luxury apartment, eligible buyers were empowered to purchase properties at significantly reduced prices, in accordance with government guidelines.

As Chartered Surveyors, we ensured our valuation report met all specific council requirements, addressing any onerous conditions associated with the DMS process. This meticulous approach not only supported sellers in adhering to regulatory standards but also provided clarity and confidence to both buyers and sellers throughout the transaction.

Our commitment to delivering precise and compliant valuations underscored our role in assisting clients within this unique government scheme, contributing to a successful and transparent property transaction

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I used Nicholas & Co Surveyors for a number of my properties

I used Nicholas & Co Surveyors for a number of my properties, they were efficient, their communication was clear and professional…

Excellent service

Excellent service. Will use for all future projects.

I recently worked with Nicholas & Co Surveyors for a property survey

I recently worked with Nicholas & Co Surveyors for a property survey, and I cannot recommend them highly enough. From…

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