A probate or inheritance tax valuation is required when someone passes away and their estate needs to be valued for legal and tax purposes. HMRC requires a professional market valuation of any property owned by the deceased at the date of death, to calculate potential inheritance tax liabilities. This valuation must be accurate, evidence-based and prepared by a qualified RICS Registered Valuer to withstand potential scrutiny from HMRC.

Unlike estate agent estimates, which can vary and may not reflect true market conditions, a Red Book compliant valuation provides a formal and defensible figure based on the property’s condition, location, and market comparables at the relevant time. This helps avoid delays in probate administration and minimises the risk of disputes or tax penalties.

At Dunham Hale Chartered Surveyors, we provide sensitive and efficient support during what is often a difficult time, offering expert probate valuations that meet HMRC requirements and give executors peace of mind.