UK VPGA 12 Valuation of residential property for miscellaneous purposes

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Valuations undertaken for trustee mortgages must be by an ‘independent valuer’ in accordance with section 8 of the Trustee Act 1925. 1 Under the Act a trustee must obtain a report of the value made ‘by a person whom he reasonably believes to be an able practical surveyor or valuer instructed and employed independently...

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