Discover more about our valuation services
John Birchall MRICS, recently promoted to Head of Valuation Services at Fenn Wright, gives his insight into valuing in this fast-paced market, which is seeing a shortage in supply due to a number of factors.
Interest rates, inflationary pressures, supply chain issues and Brexit are all still having an impact on the commercial property sector. Despite this, most agents would probably agree that a shortage of high-quality stock is holding the market back and remains a cause for concern, particularly in the retail and office sectors.
When it comes to valuing assets, it is a challenging time and property decisions are even more subjective, with clients telling us that local knowledge and insight into market trends are incredibly important when choosing a firm.
Fenn Wright are heavily involved in the valuation of commercial, residential and development properties across Essex, Suffolk, Norfolk and Cambridgeshire, and with a team of 17 Chartered Surveyors, we aim to have better local knowledge than anyone. Our clients seem to agree, and we are regularly invited to revalue properties which we’ve been dealing with on behalf of several generations of the same family.
Our clients include a plethora of leading lending institutions, and we are also the trusted advisors for a number of national property companies/institutions, regional and local developers, pension providers, local authorities, charities and private individuals. We provide property valuations for the following:
• Secured Lending
• Pension Company Valuations / Lease Renewals/ Rent Reviews
• Asset accounting
• Local Government Finance Regulation
• Disputes – Matrimonial / contractual
• Taxation – Asset valuations for Capital Gains Tax / Inheritance Tax
• Charities Act Valuation
• Development Viability
• Internal decision making