Our standards and guidance cover all areas of surveying practice and embody best practice. They fall into the following categories: professional statements, practice statements, codes of practice, and guidance notes.
RICS standards and professional guidance are available free of charge to all and you can download PDF versions of the publications below. Check the side-bar options to refine the listed items by topic or professional group, or search for specific guidance using the search box above. Some RICS professional guidance publications can be bought from the RICS Shop.
Members should note that when an allegation of professional negligence is made against a surveyor, the court is likely to take into account the contents of any relevant professional guidance published by RICS in deciding whether or not the surveyor has acted with reasonable competence.
Outdated guidance is archived, however you can still obtain a reference copy by contacting our library.
Showing 1 - 25 of 31 results
02 May 2009
Published with cross-industry agreement and acceptance, this document provides a defined valuation process for all social housing matters, including right to buy and right to acquire valuations.
26 Nov 2012
Deals with the application of GN 2 to the valuation of fuel stations, including fuel stations allied to convenience stores (c-stores) or part of more complex properties.
17 Jul 2012
Considers the approach for the capital and rental valuation of hotels, commenting on the different valuation methodologies and the practical approach to the assembly and interpretation of relevant information for this purpose.
24 Apr 2012
Examines the general principles of retention, including areas such as law; reasons for introduction within a contract; levels of retention, and how amounts are deducted, certified or released.
20 May 2015
This guidance note covers the valuation of intellectual property (IP), a subset of intangible assets. Its purpose is to expand on the IVS 2013 and the Red Book in order to clarify the legal, functional and economic characteristics of IP valuers should consider and report on in an IP valuation.
04 Nov 2013
This guidance note draws valuers' attention to the need for particular care when undertaking valuation work on which various EU directives and regulations may impact.
08 Dec 2016
This guidance note draws professionals’ attention to specific issues that arise in farm stocktaking valuations, for inclusion in financial statements that are prepared in accordance with UK GAAP.
19 Aug 2015
The purpose of this guidance note is to assist the valuer in the provision of leasehold reform valuation advice whether they are acting for the freeholder (landlord), intermediate landlord or tenant.
12 Apr 2017
This guidance note provides an outline of the rating appeal system in England and Wales, describing the various processes involved in making a proposal to alter a rating list.
03 Oct 2013
Encompasses the wide range of physical, social, environmental and economic factors relating to sustainability that can impact on value of which valuers should be aware.
07 Feb 2013
Aims to inform the valuer’s approach to the valuation of land for sites in Scotland where there is a requirement to provide affordable housing or where the provider of affordable housing is seeking grant finance from the Scottish government.
21 Apr 2016
This guidance note is a global revision of the first edition guidance note published in 2011. It identifies additional matters that valuers need to take into account when valuing natural resource wasting assets, such as mineral deposits, landfill and waste disposal sites.
14 May 2014
Examines the principles of valuation as they apply to historic properties, providing an overview of the issues facing valuers appraising such assets.
23 May 2012
Originally published as Valuation Information Paper 11, this publication covers the valuation of independent healthcare properties comprising nursing and residential care homes in the UK.
02 Sep 2014
This information paper aims to assist valuers in their approach to valuing residential blocks (both singularly and in portfolios) intended to be let at market rent for a defined minimum period. It is also hoped that it will assist users of valuations and those who commission them when agreeing instructions in respect of such properties.
19 Jun 2016
The RICS HomeBuyer Service can now be offered with or without a valuation. This professional statement accompanies the RICS HomeBuyer (Survey & Valuation) Service which includes a valuation.
29 Aug 2017
Since June 2015 the UK and global portions of the RICS Red Book have been issued separately.
24 May 2017
This guidance note provides a professional practitioner or individual commissioned to undertake a survey with outlined guidance on fulfilling elements of a client's brief, along with unique aspects arising from the myriad of asset type and their usages.
01 Mar 2008
This paper discusses the valuation of property where the proposed development is of a cleared or greenfield site, or where all existing buildings on a site will be removed in order to construct new ones.
19 Aug 2010
Aiming to assist valuers, this guidance highlights the main factors that impact the market value of woodlands and addresses some of the more complex issues that might arise in the assessment of such an asset.
17 Dec 2010
Written in relation to property in England and Wales, this note offers detailed guidance on the capital and rental valuation of public houses, bars, restaurants and nightclubs.
27 Aug 2010
This guidance focuses on discounted cash flow valuation in the particular context of commercial property investments.
29 Jun 2012
Written specifically for use within the UK, this guidance assists valuers in the valuation of new-build properties.
27 May 2016
This Code, now in its third edition, has been approved by the Secretary of State and is effective from 1 June 2016. It applies only to residential leasehold properties in England but practitioners operating in other parts of the UK are encouraged to follow the best practice guidelines contained in the Code.
01 Aug 2017
This guidance note is intended to be applicable for Contractor’s Basis rating valuations effective from 1 April 2017 and thereafter. The purpose of this guidance note is to aid the understanding of the Contractor’s Basis for the general rating practitioner while providing a common framework of the basis for the more experienced practitioner.
© RICS 2018
© RICS 2018