Y'all remember when we did this in the loft?
Well... tomorrow the landlord/lady is coming around with a nice lady from the estate agents for the house to be revalued... why we're not sure. Although when I phoned up to tell them about the letter addressed confirming the appointment to them that we received he said something about 'tax purposes'.
I wonder if we hadn't had the letter whether they would have told us...
Anyways...
There's shit in the loft (aka the server you are getting this page from) and holes in chimney stacks etc...
We have no idea how through this valuation will be... and as we were given some sort of notice have done this...
...thus hiding the entrance to the loft space and hopefully negating it's existance... you never know it might work...
To be fair... are they going to care if the valuer notices that the house is falling down around them...?
Or sees the shoddy bathroom install, which is actually falling apart already!
What's worse is that I can't even be here to see what they do, 'cause I'm off to Brummyland for the day.
House value...
Sorry, we are assuming that the house is actually worth SOMETHING!!!
This is the same place where shelves are held up with chicken tonight jars, the bathroom has what can only be described as severe rot, and subtle networking combined with general subsidence has left the structure somewhat dubious to say the least!
IT'LL BE CONDEMED! YOU'LL BE IN A HOTEL THE DAY AFTER!!!
Posted by: Russ on April 19, 2005 10:44 PMHey, don't associate me with holes in the chimneys!
Oh wait, that's me holding the weapon of destruction. Oh well...
Given the gymnastics we had to perform to get into the loft (both of us being fairly slim and wirey), I doubt the landpeople will have any hope of getting more than a fleeting glance in there. Certainly not enough to spot the swiss-cheese job.
Posted by: Joe on April 19, 2005 11:35 PMAhh you see, I think the operative phrase there was "estate agent". When you asked me how in depth a valuation would be, I thought you meant they were sending a surveyor round. If it's an estate agent coming around then legally they'll only be carrying out a "market appraisal" which is where they have a quick glance around and then take a guess at how much they reckon they could shift it for.
I might well be wrong, but I'm sure only surveyors (RICS registered) can do actual "valuations".
So, this sort of means that it's probably nothing to do with 'tax purposes' then? 'cause a "we could shift this for so much" isn't really what Mr Taxman might possibly ever want to know... even if he does want to know what a house costs.
No, that's the confusing bit that I wasn't sure on.
Who said that, the landlord or the agent?
Going on what little I know of Ed's landlords, it could be that they do need a proper valuation for it (maybe so they can use it as collatoral for something?), but think they can save money by getting an estate agent to do it instead of a surveyor.
Posted by: Joe on April 20, 2005 9:31 AMAhh yeah, that sounds quite plausible. Perhaps the person valuing it is just a mate of their who they can get to do it as favour or something.
Posted by: Chris on April 20, 2005 10:41 AMI asked an expert. She says that if they want a valuation that is valid for tax purposes, it has to be something called a red book valuation. One of those has to be carried out by a chartered surveyor in all circumstances.
That means they'll have a fairly good look round - they'll notice the crack, and the poor quality bathroom. They'll also look in the roof, although they may not climb up and look in detail.
Interestingly, if the valuation truly is for tax purposes you may have done your landlord a favour as they will want the assessed value of the house to be as low as possible to minimise the tax implications.
Posted by: Tom on April 20, 2005 12:31 PMPerhaps it's a council tax revaluation; there has been quite a bit on the news about this recently?
Posted by: TraB on April 20, 2005 1:42 PM