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New Build Valuations

The Challenge:

A Housing Association in Leicestershire needed to submit accurate open market valuations and rental valuations for a New Build site that was proposed in Market Harborough. Some of the properties were designated to be shared ownership, some were to be rented out, and some were to be sold at full market value; adding a level of complexity to the valuations.

The Solution:

Since the properties were not yet built, all the valuations had to be made from planning documents and site drawings. It was also important to make visits to the site, to assess the geographical and topographical issues that might arise during the build. We worked very closely with the Housing Association, especially during the Planning History of the site, where we completed a Review of the Development Plan Policy; making sure that all material considerations and constraints of the site and the locality were taken into account; giving sound advice on ways forward for the Housing Association to be able to complete the project successfully.

 Richard Hopwood, the Chief Surveyor at Acorn Surveys & Valuations, has been a great help to the Housing Association both in the past and certainly on this project. We couldn’t have done it without him. Said…………..????????????

 The Outcome:

All stages of the process were completed and the valuations were used to secure Planning Permission by the Housing Association to start the building project, which is now in full swing.

Here at Acorn, we are aware of affordable housing shortages in some areas and work hard to assist our local communities to benefit from any helpful Government Schemes, where ever we can.

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  • Acorn Lettings Leicester

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