Inheritance Tax/Probate Valuations

Probate valuation dates are often retrospective and can date back many years, so require skill and judgment to arrive at an accurate figure. Capital Chartered Surveyors will undertake a site inspection, measure floor areas, check known data bases for comparable evidence and provide a detailed written valuation suitable for submission to HMRC. If required we will also negotiate with HMRC on your behalf.

Our Inheritance Tax/Probate Valuations Service

Probate valuation dates are often retrospective and can date back many years, so require skill and judgment to arrive at an accurate figure. In the past, when selling residential property after a grant of probate, personal representatives often asked the selling agent for a letter of advice about a realistic selling price. This would be used this as a 'provisional estimate' for IHT.

This approach is now largely redundant. Capital Chartered Surveyors will undertake a site inspection, measure floor areas, check known data bases for comparable evidence and provide a detailed written valuation suitable for submission to HMRC.

If required we will also negotiate with HMRC on your behalf.

Find out more on tax valuations on properties

Why get a Inheritance Tax/Probate Valuation?

HMRC now strongly recommend that a professional valuer is used to ensure the valuation is as accurate as possible and based on their view that; "There can be no assurance that a valuation from a selling estate agent will be sufficient. If there is an undervaluation, there is no guarantee that there will be no penalty although penalties will not be charged where the method of valuation is reasonable and proportionate in the circumstances."

As two of the Directors at Capital Chartered Surveyors are Revenue trained, with many years of experience gained at the District Valuers Office, their knowledge and experience is invaluable when preparing a valuation for Inheritance Tax.

Inheritance Tax/Probate Valuation Summary

The valuation forms an important part of the probate process and should be carried out by a professional valuer as this is more likely to satisfy HMRC.

  • It involves a site visit.
  • The property is measured and photographed.
  • Detailed research on comparable evidence is undertaken as required.
  • A detailed written report is provided.
  • Post valuation support is provided by phone and email.
  • We can assist with negotiations with HMRC.
Areas Covered Include:
  • Acton W3
  • Balham SW12
  • Barnes SW13
  • Battersea SW11
  • Bayswater W2
  • Belgravia SW1
  • Belsize Park NW8
  • Bow E3
  • Brixton SW2
  • Camden N1
  • Chelsea SW3, SW10
  • Chiswick W4
  • Clapham SW4
  • Clerkenwell EC1
  • Crystal Palace SE19
  • Ealing W5, W7, W13
  • Earls Court SW5
  • Finsbury N4
  • Fulham SW6
  • Hammersmith W6
  • Hampstead NW3
  • Highgate N6
  • Holland Park W11
  • Islington N1
  • Kennington SW8
  • Kensington SW7
  • Kilburn NW6
  • Maida Vale W9
  • Marylebone NW1
  • Mayfair W1
  • Notting Hill W11
  • Oval SW8
  • Pimlico SW1
  • Putney SW15
  • Raynes Park SW20
  • Richmond TW9
  • Sheen SW14
  • Shepherds Bush W14
  • Southfields SW18
  • St John's Wood NW8
  • Stockwell SW8, SW9
  • Streatham SW2, SW16
  • Tooting SW17
  • Vauxhall SW8
  • Victoria SW1
  • Wandsworth SW18
  • Westminster SW1
  • Wimbledon SW19
Postcodes covered include:
  • SW1-SW20
  • W1-W14
  • SE1-SE27
  • NW1-NW6
  • N1-N22
  • WC1 & WC2
  • EC1-EC4
  • E1-E20
  • KT1-KT10
  • TW9 & TW10
  • CR0-CR8

If you would like to get FREE Advice or a quote for our services then call 020 8875 0035 or click the button below and we'll get right back to you.