Matrimonial, Probate and ‘Help to Buy’, (Wales), Ltd, Valuations
Matrimonial Valuations Are Usually Required When Divorce Proceedings Are Enacted, And A Property Asset Requires Valuing For Settlement Purposes. Local Knowledge Of Residential Property Values Is A Pre-Requisite For This Type Of Valuation Where Divorcing Couples Require A Fair And Equitable Settlement Of The Marital Assets. The Same Principle Applies In Respect Of Probate Valuations Carried Out On Behalf Of Trustees Or Beneficiaries Of A Deceased’s Estate. An Over-Valuation Of A Deceased’s Property Could Leave Beneficiaries Subject To
Excessive Iht (Inheritance Tax). It Is Consequently, Imperative That The Property Or Properties In The Deceased’s Estate Are Valued Accurately And Fairly. In respect of “Help to Buy, (Wales), Ltd” Market Valuations, these will need to be provided as a legal requirement if you are selling or re-mortgaging a property that was initially purchased with financial assistance from HTB, (Wales), Ltd. All of these valuations we prepare are compliant with the requirements of the “Help to Buy, (Wales) Ltd” Valuation Guidance, 2018.