Valuation and Leasehold Reform

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"In a professional once engaged, the performance of the job comes first." Kanin Garson

The valuation department at Michael Tims and Company undertakes valuations of both residential and commercial properties. Such advice encompasses individual residential purchases (both leasehold and freehold), together with larger mixed use and residential developments, primarily in London and the south east of England. Major house-builders, the retail sector, banks and building societies as well as private individuals frequently consult the Company to provide valuations. Those buying or selling property in the UK will at some stage require guidance, often by way of a professional valuation. Michael Tims and Company are keen to lend a supporting hand. A fundamental knowledge of the marketplace is essential to provide adequate security to those who are intending to make a capital investment, whether it is at the lower end of the residential property market or the very highest ends of the investment and development market. The same policy applies, that thorough research of the market place is essential, supported by a sound knowledge of leasehold conditions, which can affect value. Increasingly complex planning matters have to be fully appreciated and market trends have to be assessed. The Company is fully indemnified to provide such advice.

The Company is a founder member of the Leasehold Advisory Group, providing comprehensive and expert advice (see www.leaseholdadvice.co.uk) on all aspects of Leasehold Reform legislation, particularly to those wishing to utilise the benefits of the Leasehold Reform, Housing & Urban Development Act 1993 as amended by the Commonhold and Leasehold Reform Act 2002.

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