Homes England made the decision to change their requirements for Help to Buy valuations between 2021-2023 from including AssocRICS to just MRICS & FRICS without consultation or informing RICS. We are aware of the implications for AssocRICS members and also for consumers who are disadvantaged...
All of our materials on RICS.org are subject to standard copyright fair use policy and linking to a live document and using small extracts of the text is fine provided you cite the source clearly and then let us know details of the document or book you have produced so we can take a note of...
VPGA3 in the Global Red Book 2025 deals with Business valuations. VPGA4 deals with trade related properties VPGA6 deals with intangible assets The Global Red Book 2025 VPGA 4 sets appropriate methods and considerations for the Valuation of individual trade related properties...
Application of Basel III principles were included in the 2024 consultation of the Global Red Book – feedback meant this was not included in the final 2025 edition but have been addressed separately. Current RICS standards and guidance on bank lending valuations , although addressing...
As per VPS 1, Terms of engagement (scope of Work and limitations) Red Book Global (rics.org) – page 44 of the 2025 edition Any limitations or restrictions on the inspection, inquiry and/or analysis for the purpose of the valuation assignment must be identified and recorded in the terms...
As per Global Red Book 2025 PS1 (compliance with standards where a written valuation is provided) 1.3 An AVM output that has not been subject to the application of professional judgement by a valuer is also not compliant with these standards. Also at VPS 1 (Terms of engagement) p.44...
The Global Red Book 2025 has a new section related to the valuer/auditor relationship, VPGA 11
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