RICS Valuation Service
An independent view, before you commit
A RICS valuation instructed through BDK Finance. Open to everyone: you do not need to be a Bond Finance client, and you do not need to be borrowing.
Request a valuation
Tell us the property, the plan, and any lender you have in mind, so the report can be geared to their requirements. No account, no application, and no obligation to borrow.
ops@bdk-finance.com
50 Gresham Street, London EC2V 7AY
Valuations are prepared by independent RICS-registered valuers.
What it is
We instruct RICS-registered valuers through VAS Panel, the panel used by a large number of lenders.
The valuer is a chartered professional working to RICS reporting standards, not to ours. Behind the instruction sits decades of experience assessing development projects, light and heavy refurbishment, HMO developments, and commercial-to-residential conversions.
Why it helps
Three reasons property professionals ask for one before committing.
A genuine sense check
A third-party view on your figures, from a valuer with no interest in agreeing or disagreeing with you, and no stake in whether the project proceeds.
The post-works value
Once the project is complete, a buyer may need a mortgage. It is useful to know a lender’s likely post-works value well in advance.
Re-addressable to lenders
Reports can be re-addressed to other lenders who also use VAS Panel, so before works begin you already know a successful lending outcome is realistic. If you have a particular lender in mind, the report can be geared to their requirements.
Why not instruct your own valuer
The report you commission is the one lenders set aside
If you instruct a RICS valuation for yourself, lenders will usually exclude both that report and that valuer, on a perceived conflict of interest, even where the valuer is not in fact conflicted.
A report commissioned by BDK for a lender does not carry that problem. It is why seasoned property professionals take this route rather than instructing directly.
Who it is for
Borrowers and non-borrowers alike
You do not have to be taking a loan to use the service. Existing Bond Finance clients use it independently of any BDK lending, simply so the report is written for BDK rather than for themselves.
Why BDK offers it
We are in the business of long-term relationships
Our finance is not right for every project, so a borrower may only use BDK infrequently. The people at Bond Finance and BDK are the same people, and this is often how a relationship starts, leading in time to the full Bond broker service and BDK bridging.
How to request one
Three steps, starting with a short email.
You send
The property and the plan
Including any lender you have in mind, so the report can be geared to their requirements.
We instruct
A valuer through VAS Panel
A RICS-registered valuer is appointed through the panel and arranges access to inspect the property.
You receive
The report itself
Yours to act on, and re-addressable to other lenders on the panel if the project moves that way.
Get an objective view first
Considering short-term finance for the same project? The lending side of BDK works from the same starting point.
