RICS set to overhaul property valuation rules following review

By Carl Brown2022-01-13T10:22:00

Stricter guidelines to be implemented following concern over independence of valuers

The Royal Institute of Chartered Surveyors (RICS) is set to strengthen oversight of property valuers after a report published today recommended sweeping rule changes.

The review, commissioned by RICS’ standards and regulation board (SRB) makes 13 recommendations (see box below) covering valuation practices which have been accepted by the board.

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