Help to Buy Valuation £249 inc.VAT
Booking for - January 28, 2022*
The Target Government Help to Buy scheme has helped thousands of people to buy their home by offering a contribution towards the initial purchase. This means that they continue to own a percentage of your home. You may decide that you wish to buy back some, or all of the Help to Buy share of your home. If you do, you will need a RICS Help to Buy Survey (otherwise known as a Help to Buy valuation Report).
We have made it really easy to get a Target Help to Buy Valuation Report. Simply follow these steps and we can get a surveyor to attend your property and produce a report for you to give to your Help to Buy agent and Target.
Do you have a shared ownership home? Click here to view our shared ownership valuation page.
It’s really important that you get the right company to perform this for you as the wrong valuation could cost you thousands of pounds. Our job is to give you an accurate Help to Buy Valuation Report which can be presented to Target HCA.
Authorised to produce Target Help to Buy Surveys for people selling and paying off their loan.
Currently taking bookings for this Friday... #Quick
Book your Target Help to Buy Survey today using the below form and secure payment. Once you have paid, we will be in touch to arrange a suitable date to attend your property.
If you have any issue booking, please contact us for assistance.
Target Help to Buy Valuation 'Must Do's'
A Target Help to Buy Valuation Report is a complicated document that we prepare on your behalf
- 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 comparables provided must be like for like in terms of property type, size, and age and within a 2 mile radius to the property that is being inspected.
- The Valuer must not be related or known to client.
- A copy of the valuation report must be supplied to Target at the following address via postal service - Target HCA, PO Box 911, Newport, NP20 9PA
- A copy of the valuation report must also be supplied to the client.
What our Help to Buy Valuation customers say about us
We know how stressful the whole process of moving is, it is not lost on us that you will have a million other things on your mind. Or, maybe you are paying you are using your Help to buy valuation to repay your government loan. Whatever your plans, we know how to help you reach you end goal as smoothly as possible so that you get get on with move or loan redemption.
Here is a recent review from one of customers who had a help to buy valuation which you can view on Trustpilot.
RatingDanielle.
We have nothing but praise for this company. We requested a home buyers report which we received within 24 hours of the survey taking place. Peter had contacted us 3 days prior to the survey and asked if we had any questions, queries or concerns and provided us with information regarding the report (this is very helpful for first time buyers who have no idea what to expect). Peter was efficient and very prompt with the delivery, we are very happy and able to raise enquiries as per his recommendation. Thank you very much for putting our minds at ease for the whole process.
Gary Bryant
I used FP Surveying to conduct a valuation on my property. The service I received was excellent. Lauren contacted me promptly after I made my enquiry and got me booked in a couple of days later. The survey was carried out by Tristan and he arrived within the time period that I had been advised of beforehand. Everything was carried out smoothly and I received my valuation report shortly after. The price was very good compared to other companies that I had tried. I have no hesitation in recommending FP Surveying.
Cheng
We had Nigel from FP Surveying as our surveyor to carry out the work for the property we are buying. He called us a day before to ask about specific things we’d like to know and appended those details in the Others section. The homebuyer report is very thorough, contains all the information we need and images showing the problems. Thank you for the great service!
Lucy
Perfect service. Received more than expected .Thank you Mr Peter Wood for excellent, very professional work.
kelly
Friendly, conscientious and had a personal touch by calling prior to survey to introduce and explain what my survey involved. Highly recommend.
Karen Harris
Surveyor P.Hill was very professional, thorough and approachable. Super quick turnaround from quote to return of report. Report was to a very high standard. I would recommend without hesitation
John Curmi
FP Surveying carried out a Probate Valuation of my house. Their Chartered Surveyor, John Frost, was very precise, professional and efficient whilst being friendly. The report came back to me the same day. Altogether, a great service with reasonable fees.
Shuo Wang
I have to thank you the surveyor peter good, he help me avoid to buy a structure movement house, gave me very professional report and advise after survey, Strong recommend who is first time buy the house without any experience, I will come back to him help me again!
Adam Browne
Very efficient and helpful, I would use again no worries.
Questions our Target Help to Buy Valuation specialists get asked...
We love helping people and that’s why there is no question too big or too small. Of course, your mortgage provider or financial adviser will be helping you with the details surrounding remortgaging. Alternatively, you may have only spoken to Help to Buy or Target.
Whilst our job is to provide you with an accurate valuation, we can also help you with any questions relating to redeeming or staircasing your Help to Buy Mortgage.
If you have any questions, please email enquiries@fpsurveying.co.uk or you can contact us at any time for more information
It’s very similar to a mortgage valuation where come and visit your home before using our local market knowledge to put a value on your property. We will reasearch the values of similar property and take into account market conditions.
We like to visit Help to Buy valuations within 2 working days and sometimes sooner dependent on location and availability. The report itself will take no more than 30 minutes and we send you a copy within 48 hours.
Remember it is only valid for 3 months. After that, we will need to reconfirm the valuation and if after 6 months we may need to perform a new report. Also, the longer you leave it, your property may go up in value which will mean that your Help to Buy valuation will be higher.
Once you have successfully submitted a valid Help to Buy valuation report you will receive an estimated repayment quote. This will include details of any arrears and your daily interest payment rate to allow your solicitor to calculate an accurate final repayment sum.
Here is a handy guide from Target which explains everything.
All of our RICS Surveyors like a cup of Tea or Coffee. I’m sure they would all be very grateful to be asked that question! On a serious note, we are a friendly bunch that love helping people, we take an invitation into your home as a great honour.
Help to Buy Valuation Report, A Surveyors Perspective
When you bought your home, you had a valuation carried out by the mortgage lender to ensure that the property was worth what the developer was selling it for. The mortgage lender wanted to be 100% sure that the value was correct which is why they instructed a RICS surveyor.
My job is to make sure that we get a 100% accurate valuation for your property so that when Target Help to Buy calculate what you owe them, it is the correct amount. I take time to understand the true value of your property and do not simply work off what you paid for it.
Make sure your Help to Buy valuation is accurate by appointing fpsurveying to come out and see you.
Why You May Need A Target Help to Buy Valuation Report
When it comes to paying back your equity loan you have two options; Full Redemption, paying your equity loan back in full with or without selling your property or Partial Redemption also known as Staircasing, where you pay back part of your equity loan without selling your property.
For details on the full process and documentation needed for both options please read the Target HCA Customer Information Pack.
Redeem when you sell
If you sell the property against which your loan is secured, you will need to repay your loan in full. This is also known as loan redemption.
The repayment amount you will be required to pay is calculated as a proportion (percentage) of either the current market value or the agreed sale price of your home (whichever is higher).
- You will need a Target Help to Buy Valuation Report.
Redeem without selling
In this scenario you will be looking to repay (redeem) your loan in full without taking out another loan secured on your property. The repayment amount you will be required to pay is calculated as a proportion (percentage) of the current market value.
- You will need a Target Help to Buy Valuation Report.
Staircasing with another loan
In this scenario you will be looking to repay (redeem) your loan in part by taking out another loan secured on your property with another lender.
- You will need a Target Help to Buy Valuation Report.
Staircasing without a loan
In this scenario you will be looking to repay (redeem) your loan in part without taking out another loan secured on your property.
- You will need a Target Help to Buy Valuation Report.
If you are unsure if you need a Help to Buy Valuation Report you can speak to the Target HCA Customer Service Team on 0345 848 0235 or you can email them at target.hca@targetgroup.com. You can also download a customer information pack here.
