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Helvi Cranfield

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RICS publishes updated cladding valuation standard

Posted By Helvi Cranfield 12-05-2026 14:20
Found In Egroup: Valuation \ view thread
RICS has published a second edition of the Secured lending valuation in multi-storey, multi-occupancy residential buildings with cladding standard. It sets out updated proportionate criteria for valuers undertaking valuations for secured lending purposes on domestic residential blocks of flats that are ...

RICS DRC guidance update

Posted By Helvi Cranfield 07-04-2026 12:57
Found In Egroup: Valuation \ view thread
HM Treasury's thematic review of non-investment asset valuation has confirmed minor but material changes affecting Depreciated Replacement Cost (DRC) valuations used for UK public sector financial reporting. Alternative site assumptions are now prohibited: valuers must not assume relocation to lower-value ...

RICS conferences survey - closes 30 April 2026

Posted By Helvi Cranfield 07-04-2026 12:57
Found In Egroup: Valuation \ view thread
RICS is conducting a survey on the future of the different sector conferences as shown below, with the intention of these being reviewed by our Knowledge and Practice Committee. The more voices we hear, the better the outcome will be, particularly from niche or emerging areas of practice that we want ...

Published: ESG and sustainability in commercial property valuation 4th edition

Posted By Helvi Cranfield 28-01-2026 13:45
Found In Egroup: Valuation \ view thread
The standard: Supports the application of updated RICS Valuation – Global Standards (Red Book Global Standards) and International Valuation Standards (IVS) (both effective from 31 January 2025), including cross referencing mandatory and best practice ESG requirements, placing them in the context of ...

Free webinar - auditor queries in real estate valuation

Posted By Helvi Cranfield 23-10-2025 10:18
Found In Egroup: Valuation \ view thread
Valuers know that audit season can bring its fair share of challenges. Auditor queries are becoming more detailed as scrutiny increases and standards evolve – and getting these right is critical for transparency and compliance. This free webinar will dive into practical strategies, share best practices, ...

ESG in commercial property valuation 4th edition - consultation closes 12th Sept

Posted By Helvi Cranfield 02-09-2025 11:44
Found In Egroup: Valuation \ view thread
Background The proposed professional standard is an update and reworking of the existing RICS Sustainability and ESG in commercial property valuation and strategic advice, 3rd Edition, global professional standard, effective from January 2022. The update reflects substantial new professional standards ...

ESG in commercial property valuation 4th edition - consultation open

Posted By Helvi Cranfield 01-08-2025 10:27
Found In Egroup: Valuation \ view thread
Background The proposed professional standard is an update and reworking of the existing RICS Sustainability and ESG in commercial property valuation and strategic advice, 3rd Edition, global professional standard, effective from January 2022. The update reflects substantial new professional standards ...

Cladding 2nd edition - consultation open

Posted By Helvi Cranfield 14-07-2025 14:35
Found In Egroup: Valuation \ view thread
Secured lending valuation of properties in multi-storey, multi-occupancy residential buildings with cladding, 2nd edition Background The 1st edition of this standard helps valuers understand when an EWS1 form should be required due to visible cladding. The standard is intended to support valuers ...

RE: RICS decides on rules for UK public sector valuer rotation in new report

Posted By Helvi Cranfield 16-05-2025 11:39
Found In Egroup: Valuation \ view thread
Hi Martin, Thanks for sharing your views. With regards to how the decision was made, as it says in the report, the membership of the group that deliberated this, is a broad cross-section of various stakeholders, including representatives from CIPFA, the previous VRIC (Valuation Review Implementation ...

Publication of Valuation of medical centres and surgery premises (UK) 3rd edition

Posted By Helvi Cranfield 15-05-2025 14:06
Found In Egroup: Valuation \ view thread
Health is a key matter of public interest and a large and growing sector of the economy. This updated professional standard will help RICS valuation professionals provide sound, contemporary advice in this area. This professional standard is concerned with the valuation of medical centres and surgeries ...

RICS decides on rules for UK public sector valuer rotation in new report

Posted By Helvi Cranfield 14-05-2025 11:46
Found In Egroup: Valuation \ view thread
A new report from the RICS public sector valuer rotation working group has been published, following the group's examination of whether there is a need for RICS-regulated valuer rotation in the UK public sector. Stemming from the Valuation Review report's recommendation for 'a time specific, ...

Valuation of licensed leisure property 2nd edition - published

Posted By Helvi Cranfield 15-04-2025 10:35
Found In Egroup: Valuation \ view thread
This UK professional standard covers the valuation of licensed leisure property (including public houses, bars, nightclubs and restaurants) and is effective from 1 July 2025. The page contains the download of the standard and the basis for conclusions. There are also FAQs which may be useful. ...

RICS UK regulated purpose valuation survey (covering the implementation of mandatory rotation)

Posted By Helvi Cranfield 24-02-2025 12:40
Found In Egroup: Valuation \ view thread
Background The Red Book UK National Supplement effective from 1 May 2024 includes mandatory governance requirements for a subset of valuations referred to as regulated purpose valuations (see UK VPS 3). The most prominent and frequently asked about change is the mandatory rotation of responsible ...

Red Book Global Standards - Published

Posted By Helvi Cranfield 05-12-2024 11:07
Found In Egroup: Valuation \ view thread
Following extensive consultation with over 200 individuals, firms, and organisations, we have updated the Red Book Global Standards to ensure they remain relevant and fit for purpose. Effective from 31 January 2025, these standards will align with the International Valuation Standards (IVS) and support ...

RE: Residential property valuation for owner occupation 1st edition professional standard consultation

Posted By Helvi Cranfield 26-11-2024 11:21
Found In Library: Valuation

RE: Residential property valuation for owner occupation 1st edition professional standard consultation

Posted By Helvi Cranfield 26-11-2024 11:21
Found In Egroup: Valuation \ view thread
Hi Marion, I've reuploaded the document so it should now work. But I'm attaching here for you as well. Thanks, Helvi ------------------------------ Helvi Cranfield Project Manager hcranfield@rics.org ------------------------------

RE: Residential property valuation for owner occupation 1st edition professional standard consultation

Posted By Helvi Cranfield 25-11-2024 15:49
Found In Egroup: Valuation \ view thread
Hi Marion, the link should be working. Could you check again and let me know if you still have the same issue? We've had other requests to extend the end date so have pushed back to 10 Jan. Thanks, Helvi ------------------------------ Helvi Cranfield Project Manager hcranfield@rics.org ---- ...

Residential property valuation for owner occupation 1st edition professional standard consultation

Posted By Helvi Cranfield 22-11-2024 09:06
Found In Egroup: Valuation \ view thread
Residential property valuation for owner occupation 1st edition professional standard consultation is now live. This is a new professional standard, building on the updated Red Book UK National Supplement UK VPGA 11 residential valuation section (published September 2023) – with further support ...

Consultation final call for responses: Valuation of medical centre and surgery premises 3rd edition

Posted By Helvi Cranfield 30-09-2024 12:35
Found In Egroup: Valuation \ view thread
Health is a key matter of public interest and also a large and growing sector of the economy. This updated professional standard will help RICS valuation professionals provide sound, contemporary advice in this area. This professional standard is concerned with the valuation of medical centres ...

Consultation open: Valuation of medical centre and surgery premises 3rd edition

Posted By Helvi Cranfield 04-09-2024 12:11
Found In Egroup: Valuation \ view thread
Health is a key matter of public interest and also a large and growing sector of the economy. This updated professional standard will help RICS valuation professionals provide sound, contemporary advice in this area. This professional standard is concerned with the valuation of medical centres ...