Valuations underpin nearly all financial decisions from home mortgages to major investment and corporate finance transactions, and from assessment of company accounts under International Financial Reporting Standards (IFRS) to stock exchange listings. Robust practice standards form the basis of high quality valuations. RICS is the world’s leading qualification for valuation professionals and is well respected by employers and clients the world over.
The Registered Valuer Scheme assures the quality of valuations – a key component underpinning most economic activity – to raise the credibility of valuers.
It also reinforces professional standards and raises consumer confidence in the delivery of valuation advice to the highest professional standard. This is achieved through the established register of valuers working in regulated firms and other organisations, and a system of regulatory monitoring.
The Registered Valuer Scheme is mandatory for RICS members carrying out Red Book Valuations in the UK. We have a team of Chartered Surveyors and RICS Registered Valuers who operate in full compliance of the rules and regulations imposed by the Scheme.