1. Auction Valuation. This valuation is Free and is a guide price for what we would expect to sell your item/s for, either on an online auction or at an auction house, this is not an insurance valuation
2. Probate Valuation. This valuation service is chargeable and gives a valuation for item/s to be considered for probate and tax purposes, you need to seek advice from a solicitor to whether
3. Insurance valuation. This is ideal for people with individual or collections that need to be covered on an insurance policy most insurance policies will cover single items up to a set figure depending on the policy, for example my home insurance policy presently covers any single item for up to £1500, the insurance company usually requires information to what the item/s are.
   Or if you are claiming for loss or damage of an item/s the insurance company may need an a written valuation before paying out.
   Either way if you have such an item/s it is best to have proof for your piece of mind

What is a probate valuation
Even when someone dies the Tax people want their share. This is before any beneficiaries can be paid out. The purpose of probate valuations is to give an account of the value of the estate so the amount of inheritance tax can be calculated for deduction.
This can be a complicated and time consuming job and is normally instructed by the solicitor

Our service takes care of the material assests, the value of which is given as the price of the item, if it was to be sold at auction. As an insurance valuation deals with the price of replacing an item and has extra factors added which increases the value, a probate material asset valuation simply deals with the value of the item alone.

The valuation can be further detailed which is useful to establish the value of any assets to be inherited as specified in the will. This is important for the beneficiary's capital gains tax calculations in the future.This is not included in the price of a probate valuation and will be classes as a further valuation which is chargeable

What will it cost
For the service that we provide we feel we are very competitively priced
We charge £150 for the first hour and £85 per hour there-after as long as it is carried out at the same appointment.
The detailed report for capital gains costs a further £45 per hour
In both cases a minimum charge of 1 hour is charged the remaining is rounded up to the nearest half hour.

What if the item is a specialist piece?
The majority of valuations will be carried out on location or at the shop, where an item needs specialist research this will be done by a specialist from within our large specialist contacts network. If this is the case you will be advised of the cost for your consideration before we continue.

For more information please contact us. If the estate is sizable we strongly advise you to seek advice from your solicitor. Remember that you need to swear on oath that the information is accurate. So it pays to be sure.