Flats: Valuation
Commons · Question 71108 · Tabled 29 Aug 2025 · Ministry of Housing, Communities and Local Government · Official record
Answered 15 Sep 2025
Question
Asked by Daisy Cooper
To ask the Secretary of State for Housing, Communities and Local Government, if she will make an assessment of the potential merits of permitting shared ownership staircasing valuations to be (a) appealed or (b) negotiated by shared owners, using evidence
Answer
Answered by Matthew Pennycook, 15 Sep 2025
The price paid by shared owners for staircasing is based on the property's full open 'Market Value' (defined in the shared ownership model leases) as determined by an independent Royal Institution of Chartered Surveyors (RICS) valuer.RICS valuations will ...