Help To Buy
Why Choose Us
Our RICS Help to Buy valuations meet all requirements set by Homes England, ensuring your redemption or staircasing process runs smoothly. What sets us apart is the guidance we provide alongside the valuation. We do not just deliver a report, we help you understand the next steps and avoid delays.
We have extensive experience with Help to Buy cases, which allows us to guide clients through the process efficiently. From documentation to submission advice, our support has helped many clients complete their redemptions quickly and with confidence.
Understanding Help To Buy
Why You May Need a Help to Buy Valuation Report
When repaying your equity loan, you will need an independent RICS valuation to determine your property’s current market value. This is required whether you are selling your home or repaying the loan without selling (staircasing).
Redeeming Through a Sale
If you are selling your property, the equity loan is repaid as a percentage of the final sale price. The valuation ensures the correct amount is calculated and approved before completion.
Redeeming Without Selling (Staircasing)
If you choose not to sell, you can repay part or all of your loan based on your property’s current market value. This process, known as staircasing, also requires an official RICS valuation.
Help to Buy Valuations
What is Help to Buy?
Repaying Your Help to Buy Loan
The important thing to remember is that the amount you need to pay back is not based on your original loan amount. Instead, it is calculated based on your home’s current market value at the time of repayment. This means if your home’s value has increased, so will the amount you need to repay for the government’s share. If the value has decreased, you could repay less.
Help to Buy Valuations
How Does It Work?
Help to Buy valuations across London boroughs
Sample Home Survey Level 1 Report
Information & Advice
Your questions about Help to Buy answered
When do I need a Help to Buy valuation?
You will need an official valuation when selling your property, remortgaging, or repaying all or part of your Help to Buy equity loan. Homes England requires this valuation to determine the current value of your property.
How long is a Help to Buy valuation valid for?
Help to Buy valuations are typically valid for three months. If your sale or remortgage takes longer than this, you may need to arrange an updated valuation.
Who can carry out a Help to Buy valuation?
The valuation must be completed by a qualified RICS Registered Valuer. This ensures the report meets Homes England’s criteria and is accepted for official use.