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News & opinion 31 May 2019

New Tenant Fees Act comes into effect

As of Saturday 1 June, the Tenant Fees Act (English letting fees ban) will be live, following the successful passing earlier this year of the Tenants Fees Bill.

Valuation of Land for Affordable Housing, 2nd edition

This guidance note aims to assist practitioners in the approach to the valuation of affordable housing development land. The focus is on the valuation of land for housing and flats but the principles are broadly adaptable for othe...

Service Charge Residential Management Code, 3rd Edition

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 U...

Residential Panel Managers, 1st edition

This protocol has been jointly set up and endorsed by an industry wide group comprising representatives of RICS, lenders, insurers and panel management firms involved in the residential mortgage valuation market.

Capital and Rental Valuation of Public Houses, Bars, Restaurants and Nightclubs in England and Wales, 1st edition

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.

Valuation of Development Land, 1st edition

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.

Valuation of Woodlands, 1st edition

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.

Sector Standards 15 Nov 2018

What’s new in the Red Book supplement

Now more than ever, appropriate valuation standards and their effective regulation are vital to promote and sustain public confidence and trust in the valuation process.

Press release 11 Oct 2018

Weak sales outlook causing new homebuyers cold feet

Demand from new buyers nationally has weakened slightly for the second successive month, making the forward looking sales indicators also turn a little more pessimistic according to the September 2018 RICS UK Residential Market Su...

The Contractor's Basis of Valuation for Rating Purposes, 2nd edition

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 g...

Conflicts of Interest: UK Commercial Property Market Investment Agency, 1st edition

This professional statement provides RICS members and RICS regulated firms with mandatory requirements when acting on the open market sale or acquisition of a commercial investment real estate opportunity in the UK in order to avo...

Rating Appeals, 4th edition - no longer current

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.

Bank Lending Valuations and Mortgage Lending Value, 1st edition

This guidance note is primarily directed at those providing valuation services within or subject to EU jurisdictions for bank-lending purposes, in particular where the provision of a mortgage lending value (MLV) is requested.

Surveying Assets in the Built Environment, 1st edition

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...

News & opinion 16 Jan 2019

New BCIS methodology for Tender Price Index estimates

BCIS has introduced a new methodology for estimating the latest All-in Tender Price Index results.

Leasehold Reform in England and Wales, 3rd edition

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.

Conflicts of Interest for Members Acting as Dispute Resolvers, 1st edition

Covers the appointment of surveyors as arbitrators, independent experts, mediators, adjudicators, and other dispute resolvers.

Discounted Cash Flow for Commercial Property Investments, 1st edition

This guidance focuses on discounted cash flow valuation in the particular context of commercial property investments.

Rating Consultancy Code of Practice, 4th edition

This code of practice has been jointly adopted by the Royal Institution of Chartered Surveyors (RICS), the Institute of Revenues, Rating and Valuation (IRRV) and the Rating Surveyors’ Association (RSA).

Farm Stocktaking Valuations, 2nd edition

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.

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New Tenant Fees Act comes into effect

Valuation of Land for Affordable Housing, 2nd edition

Service Charge Residential Management Code, 3rd Edition

Residential Panel Managers, 1st edition

Capital and Rental Valuation of Public Houses, Bars, Restaurants and Nightclubs in England and Wales, 1st edition

Valuation of Development Land, 1st edition

Valuation of Woodlands, 1st edition

What’s new in the Red Book supplement

Weak sales outlook causing new homebuyers cold feet

The Contractor's Basis of Valuation for Rating Purposes, 2nd edition

Conflicts of Interest: UK Commercial Property Market Investment Agency, 1st edition

Rating Appeals, 4th edition - no longer current

Bank Lending Valuations and Mortgage Lending Value, 1st edition

Surveying Assets in the Built Environment, 1st edition

New BCIS methodology for Tender Price Index estimates

Leasehold Reform in England and Wales, 3rd edition

Conflicts of Interest for Members Acting as Dispute Resolvers, 1st edition

Discounted Cash Flow for Commercial Property Investments, 1st edition

Rating Consultancy Code of Practice, 4th edition

Farm Stocktaking Valuations, 2nd edition