Matrimonial Valuations: What Are They and Do I Need One? 05 July 2017


As part of our valuation series, we’re going through the different types of valuations and explaining what they are and why you might need one.

For a general guide on property valuations, check out our latest blog post here.

What is a matrimonial valuation?

If you share a home with a long-term partner and the relationship comes to an end, an independent valuation of the shared home, carried out by a professional, is recommended.

This is something that can be commissioned by one person, if you continue to have a civil relationship with your partner, or you can both seek your own valuations.

Why might I need one?

In the event of separation, it can be tricky to decide who takes ownership of shared assets – the biggest asset that a couple will usually own is their marital home (or other properties that they own together). This is where a matrimonial valuation helps.

A matrimonial valuation can help to protect your interests and prevent disputes, as long as the valuation is carried out by a member of the RICS (Royal Institution of Chartered Surveyors), as the report should be accurate and prepared to a high standard. If it isn’t, this can put you at a disadvantage during negotiations.

If you think that you need a matrimonial valuation, you can get in touch with us here and our friendly sales team will be more than happy to assist you and answer any questions you may have.

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