Residential Valuation - Red Book Compliance

60.00 GBP

1.5 Hours Formal CPD

Residential Valuers who work for a host of different lenders constantly have to update themselves with lender requirements which often differ and sometimes appear to conflict with each other, or what the valuer thinks they should be doing.

Available Classes

Date Price
21 November 2018 - 9:00am
£60.00

Course information

This course is designed for practicing residential valuers who regularly undertake valuations for lending purposes and want to ensure that their valuation reports comply with the Red Book whilst ensuring the bank receive all the information needed for mortgage approval.

Who Should Attend

  • Residential Property Surveyor
  • Residential Valuers

Course Content

  • Red Book Review
    • Red Book Structure
    • Definition of value
    • Non Compliance with the Red Book
    • Finding out about Red Book changes
  • Combining Red Book Requirement and Banking Requirement
    • Identifying areas presenting a risk for the Valuer’s responsibility
    • Required information

Learning outcomes

  • Understand the hierarchy of valuation standards &practice statements, Guidance Notes and Information Papers
  • Understand the duties of the residential valuer undertaking valuations for mortgage purposes
  • Apply this to the requirements of the Lloyds Group and other lenders
  • Know how to keep up to date with changes to the Red Book
  • Presenter

    image

    Ian Brindle

    Additional information

    Next available start date: 21 November 2018 - 9:00am

    Presenter: Ian Brindle

    Category: Property

    Price: 60.00 GBP

    Member price: 50.00 GBP

    Course Type: Web Class