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Doing it by the Book

RICS has amended the Red Book – or the valuer’s bible – to clamp down on fake discounts on property purchases.  Andrew Taylor argues it can only be a good thing for the industry.

The Red Book is the property professional’s bible: what it says decides what the valuer who looks over your property has to do, and what standards he has to apply. When you are deciding whether to invest, it’s largely his valuation that you rely on – so when the rules he works by change, it’s important to understand what’s different.

 

Read more   Doing it by the Book. Autumn 2006


 

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