RICS REDBOOK INHERITANCE TAX / PROBATE VALUATIONS

Navigating property valuations for Inheritance Tax (IHT) can be a complex process. Our professional valuations ensure you meet your legal and tax obligations with accuracy and confidence.

Your Trusted Valuer

Peter Ellicock, an experienced RICS Registered Valuer, provides valuations for Inheritance Tax purposes for homes throughout Cornwall and Devon. His deep understanding of the local property market, combined with his extensive experience, ensures a valuation that is both accurate and robust.



The Importance of a Professional Valuation

For Inheritance Tax, a property's value is legally defined as its open market value on the date of death. This can be complex to determine, especially given market fluctuations and external factors that can affect property values. An official valuation by a RICS Registered Valuer is crucial to avoid an investigation by HMRC.

Peter's valuations are fully compliant with RICS standards, providing a defensible and well-supported opinion. He ensures comprehensive evidence is gathered and provides a descriptive rationale to support his valuation, giving you and HMRC full confidence in the reported figure.