This is a new professional standard, building on the updated Red Book UK National Supplement UK VPGA 11 residential valuation section (published September 2023) – with further support on areas such as valuation inspections, valuation advice without an internal inspection, investigations and factors with a material impact on value.

There is new proposed content in relation to Prime and Super prime residential individual property valuation, Self-build and individual Custom-build of a single dwelling and Opinion of Estimated Value Subject to a Restricted Marketing Period

This dedicated residential valuation guidance has been developed by experts from across the industry and will soon become the ‘go to’ guidance for residential valuation practitioners and their clients.

Have your say on this important consultation by Friday 3 January 2025, 23:59 UK time.

Respond here.