Are valuations regulated?

Yes, as long as the valuer is registered with RICS and this is the case with valuers that are instructed by Mortgage Lenders.

The Royal Institution of Chartered Surveyors (RICS)

RICS is a professional body that sets standards for the valuation, management, development of land, property, and construction. RICS members (chartered surveyors) are bound by its strict guidelines and ethical codes.

We are unable to give valuation advice at Mortgage Lane, so this page should only be used as a guide. We recommend borrowers looking for these valuation types to seek advice from a qualified, insured and regulated valuation company.