Tag Archives for " Valuation Myths "


The ‘discount off RICS’ valuation myth

RICS valuations

Brett has asked me to write about some of the frustrating things I am finding as I search for property investment opportunities which are suitable for our clients. I have to say that many of the things that are happening in the market at the moment are enlightening to say the least. Recently I've been getting offered a lot of these "...discount off RICS" type deals. The "...discount off RICS" type deal refers to a set percentage discount (say 25%) from the valuation that gets carried out on behalf of the lender by a RICS surveyor. Read More