When you need a probate valuation
A probate valuation is typically required when:
- You are applying for a Grant of Probate or Letters of Administration
- HMRC needs a formal property valuation for inheritance tax
- The estate involves multiple beneficiaries and clarity is needed on value
- The property will be sold or transferred after probate
- A solicitor requests an independent valuation as part of estate administration
A RICS valuation ensures the property is assessed at fair market value with the correct evidence and reporting format for HMRC.
