Help-to-Buy

A Help-to-Buy valuation in St Helens is an independent valuation from a RICS registered valuer for a property bought with the Help-to-Buy scheme, introduced by the government to support first time home buyers.

A RICS registered valuation is required when the homeowner is either repaying the Help-to Buy loan, remortgaging or selling the property. The valuation provides a current market value of the property.

Target are the administrators charged by the H.C.A (Housing and Communities Agency) to deal with your redemption on their behalf.

Requirements

• The Valuer must be registered with the recognised qualification of RICS
• The Valuer must be independent to an estate agent
• The report must be on headed paper, signed by the RICS surveyor and addressed to Target HCA
• The Valuer MUST provide at least 3 comparable properties and sale prices
• The Valuer must not be related or known to you
• The Valuer must inspect the interior of the property and provide a full valuation report
• Valuations carried out for bank or mortgage purposes are not acceptable
• A copy of the valuation report must be supplied to Target; the inspection date must be shown on the report