What's new?

Autumn/winter 2021-22

Updates for autumn/winter 2021-22

Care homes

New information relating to the government's recent Build Back Better: Our plan for health and social care document has been added to this section, along with COVID-19 considerations to be aware of when valuing a care home.

Empty property rates

This section has been updated in line with newest regulations.

International property tax

Author Steve Hile has updated information for Greece and New Zealand.

Negligence in valuations and surveys

This section has received a full update to include information on the latest case law, and reflect the newest editions of Red Book valuation standards.

Nightclubs

This section has been updated with new information on commercial rent moratorium.

Offices

This section has had minor updates throughout. 

Petrol filling stations

This section has been updated with new information on EVs and the ongoing impact of the COVID-19 crisis.

Rating disputes

Author Charlie Wacher has updated this section throughout, in particular new information on future Reforms has been added.

Residential owner-occupier transactions

This section has received updates in line with the newly updated Red Book Global Standards and RICS Home Survey Standard.

Residential valuation

This section has received minor updates throughout.

Self storage properties

This section has been updated throughout with new statistics and COVID-19 information.

Woodlands and forests

This section has been updated throughout, including an update to the woodlands site inspection checklist.

Valuation approaches

Author Antony Banfield has reviewed this section in line with updated Red Book Global Standards 2022 and included new information on The effect of the changing markets on valuation methodology


RICS initiatives

RICS have recently published the independent Review of Real Estate Investment Valuations.

RICS Red Book Global Standards

A new edition of RICS Valuation – Global Standards is now available, effective from 31 January 2022.