COMMERCIAL property firm Sanderson Weatherall LLP has furthered its commitment to industry excellence with the adoption of the new RICS Valuation Registration Scheme.
A total of 42 valuation experts from the firm’s offices in Teesside, Newcastle, Leeds and Manchester have registered and will now adopt the new guidelines.
The scheme will assure the quality of valuations undertaken by those individuals registered and sets out to reinforce world-leading professional standards through a system of regulatory monitoring.
Partner for Valuation, for and on behalf of Sanderson Weatherall LLP, David Downing, said: “Working for clients in both the private and public sectors, it is vital that they receive the highest standards of technical expertise possible.
“The adoption of the RICS Valuation Registration Scheme was therefore a natural choice as part of our continuous approach to industry best practice, complete with a regular programme of monitoring, as we will be subject to the professional and independent regulation this scheme involves.
“In difficult economic and trading conditions, it has never been more important to engage top professional advice to accurately assess the value of what is perhaps the biggest asset most businesses hold.
“This means that when seeking advice, clients should always engage with surveyors that have specific experience in that particular market sector.”
Jennifer Welch, Operations Director, RICS North, said: “We have been delighted with the enthusiasm of our members for this scheme which will reinforce the pre-eminence of chartered surveyors as the leading valuation professionals.”
The Valuer Registration Scheme was formally launched on October 20, 2010, and becomes mandatory in the UK from the end of this month.
It applies to all RICS members undertaking valuations carried out under the Red Book standards which provide a regulated framework and practice guidance and standards, including compliance with International Valuation Standards which are now recognised and adopted in most parts of the world.
