‘Mortgage Valuations’ Available to Purchase

In 1986 The Royal Institution of Chartered Surveyors and the Incorporated Society of Valuers and Auctioneers jointly published Guidance Notes for valuers on the inspection of residential prop‐erty for mortgage purposes. Aimed at those members who carried out valuations on behalf of buildings societies, banks and other lenders, the Guidance Notes were issued as a result of what the Institution and the Society called ‘The unabated discussion on the extent of a Valuer's Duty… and the differences of opinion expressed.’