Loan Security Valuations

To offer their customers better lending rates, lenders often propose a secured loan with a legal charge on business premises.  Where these are not owned, but leased, the lender may be prepared to take a legal charge over other assets, such as the borrower's main residence or alternative property investments.

Lenders require their Valuers to provide them with impartial advice on the true value of a property to ascertain the maximum level of secured borrowing commitment.  Valuers must have knowledge of the market, the demand and supply of units within the area and a sound knowledge of the legal and planning background to a lending opportunity.

Lending reports are required to adhere to the RICS Valuation Standards ('Red Book') which provide a framework within which Valuers are able to provide Lenders with a clear background to a property.  All Valuers must be Chartered Surveyors and be included on the RICS Valuation Panel.

Andrew Forbes have Registered Valuers with the relevant experience and expertise to provide lenders with a high quality of report and individual advice on a range of properties, including retail, business spaces (offices, industrial and warehouse/distribution space) trade-related (including pubs, clubs, hotels, convenience stores & post offices), investment (commercial, buy-to-let or mixed portfolios) and development appraisals, from £50,000 to £5 million.

Andrew Forbes have the appropriate expertise to assist lenders throughout South Wales and the West of England.