Global Valuations s - Knight Frank
Global Valuations s - Knight Frank
Global Valuations s - Knight Frank
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Global</strong><br />
<strong>Valuations</strong>
hotel<br />
VALUATIONS<br />
A complete property advisory service to the hotel sector.
hotel<br />
VALUATIONS<br />
What we do<br />
<strong>Knight</strong> <strong>Frank</strong>’s Hotels <strong>Valuations</strong> team is a complete<br />
property advisory service to the hotel sector.<br />
We are market leaders in hotel valuations with a team of<br />
20 specialists, who value and advise on over £10 billion<br />
worth of properties per annum. Our market coverage<br />
ranges from single properties to large portfolios, working<br />
directly for investors, operators and major banks. A<br />
key strength is the breadth of experience in the hotels<br />
teams that encompasses former hotel employees, pure<br />
property people and key personnel that have over 30 years<br />
experience of valuing and selling hotels.<br />
Whilst we have an undisputed reputation as being the<br />
valuer of choice for country house hotels, this forms only<br />
a small, but important, part of the work we undertake.<br />
We currently advise on over 7,500 bedrooms of new<br />
build development and value bi-annually the largest<br />
independently owned portfolio of Accor assets in the UK.<br />
In short, in the same way that the wider <strong>Knight</strong> <strong>Frank</strong><br />
business has grown over the last 10 years we have also<br />
broadened our work and the professional team provides<br />
expert advice in the following areas:<br />
� Valuation of trading and investment properties<br />
� Development appraisals<br />
� Strategic reviews<br />
� Hotel asset management<br />
� Expert Witness services<br />
� Landlord and Tenant services<br />
� Operator selection<br />
� Management contract and lease negotiations<br />
� Feasibility studies<br />
� Planning advice<br />
� Rating<br />
The close liaison between our professional and transaction<br />
teams enables us to more accurately reflect market<br />
sentiment, which is increasingly important in the current<br />
market where there is a dearth of evidence and an<br />
understanding of what drives investors’ decisions is key.<br />
<strong>Knight</strong> <strong>Frank</strong> Hotels has a network of regional and<br />
international offices that ensure we provide a truly<br />
comprehensive service for our clients and, more<br />
importantly, facilitates a full understanding of local as well<br />
global and gateway markets.<br />
<strong>Knight</strong> <strong>Frank</strong> are panel valuers for all major UK lending<br />
institutions and European banks.<br />
Key contacts<br />
Ian Elliott - Head of Hotel <strong>Valuations</strong><br />
T +44 (0)20 7861 1082<br />
ian.elliott@knightfrank.com<br />
Christopher George - Partner<br />
T +44 (0)20 7861 1084<br />
chris.george@knightfrank.com<br />
Tim Nealon - Partner<br />
T +44 (0)20 7861 1083<br />
tim.nealon@knightfrank.com
COMMERCIAL<br />
VALUATIONS<br />
Adding value throughout the UK.
COMMERCIAL<br />
VALUATIONS<br />
<strong>Knight</strong> <strong>Frank</strong>’s Commercial <strong>Valuations</strong>, winners of Property<br />
Week Awards Professional Agency of the Year 2009, is<br />
one of the UK’s most highly respected valuation teams<br />
providing a comprehensive service nationwide.<br />
The team signs off on more than £200 billion annually in<br />
the UK and across all the major sectors including office,<br />
retail and industrial as well as more specialist sub-sectors<br />
such as:<br />
� Hotels<br />
� Healthcare<br />
� Leisure<br />
� Marinas<br />
� Factory outlets<br />
� Garden centres<br />
� Student property<br />
The UK wide network has the experience, skills and<br />
resources to provide prompt, accurate valuation<br />
assessments for a range of purposes including:<br />
� Loan security<br />
� Year-end accounts<br />
� Unit pricing<br />
� Corporate recovery<br />
� Sales and acquisitions<br />
� Flotations and securitisations<br />
� Management buy-outs<br />
� Take-overs and mergers<br />
� Litigation and compensation<br />
The Commercial <strong>Valuations</strong> team has expanded<br />
considerably over recent years to meet client demand with<br />
an extensive client base including major UK and overseas<br />
banks, institutions, private and listed property companies,<br />
unit trusts, pension funds, corporate recovery & loan<br />
servicing teams and private investors.<br />
We adopt rigid standards of professionalism and capitalise<br />
on our agency colleagues’ formidable market exposure. By<br />
communicating with our clients transparently and clearly,<br />
our primary objective is to add value rather than simply<br />
reporting value.<br />
Key contacts<br />
Rupert Johnson - Head of <strong>Valuations</strong><br />
T +44 (0)20 7861 1284<br />
M +44 (0)7836 541913<br />
rupert.johnson@knightfrank.com<br />
Matthew Cripps - Partner, Central London<br />
T +44 (0)20 7861 1282<br />
M +44 (0)7710 408776<br />
matthew.cripps@knightfrank.com<br />
Robert Gray - Partner, Offices & Industrial<br />
T +44 (0)20 7861 1290<br />
M +44 (0)7771 997638<br />
robert.gray@knightfrank.com<br />
Graham Spoor - Partner, Retail<br />
T +44 (0)20 7861 1539<br />
M +44 (0)7770 747643<br />
graham.spoor@knightfrank.com<br />
Richard Walters - Partner, Wales & South West<br />
T +44 (0)29 2044 0123<br />
M +44 (0)7721 894346<br />
richard.walters@knightfrank.com<br />
Kevin Morris - Partner, Midlands<br />
T +44 (0)121 233 6451<br />
M +44 (0)7747 007580<br />
kevin.morris@knightfrank.com<br />
David Roper - Partner, Northern England<br />
T +44 (0)161 833 7723<br />
M +44 (0)7836 244294<br />
david.roper@knightfrank.com<br />
Drew Oswald - Partner, Scotland<br />
T +44 (0)141 566 6024<br />
M +44 (0)7836 260424<br />
drew.oswald@knightfrank.com
european<br />
COMMERCIAL<br />
VALUATIONS<br />
Your access to global knowledge, locally.
european<br />
COMMERCIAL VALUATIONS<br />
Our approach<br />
We undertake valuations in the offices, logistics, industrial<br />
and retail sectors across all borders. We work with our<br />
local offices, associates and strategic partners to ensure<br />
you receive the right advice. The work is project managed<br />
by a dedicated, single <strong>Knight</strong> <strong>Frank</strong> contact providing a<br />
high quality and formulated service across all international<br />
markets.<br />
Other specialist areas include residential valuations,<br />
corporate recovery & restructuring, hotels, healthcare,<br />
student accommodation and German mortgage lending<br />
valuations.<br />
Our global network<br />
<strong>Knight</strong> <strong>Frank</strong>’s global network enables us to undertake<br />
valuations beyond Europe, giving us access to local<br />
markets and knowledge at all times.<br />
�<br />
�<br />
�<br />
�<br />
� �<br />
�<br />
� �<br />
�<br />
�<br />
�<br />
� �<br />
�<br />
�<br />
�<br />
�<br />
�<br />
�<br />
�<br />
<strong>Knight</strong> <strong>Frank</strong> offices & associates<br />
�<br />
Who we act for<br />
Our clients include international banks, institutional funds,<br />
property companies, specialist property funds and corporate<br />
restructuring consultants with international interests and<br />
cross border holdings.<br />
Key contacts<br />
Nick Powlesland - Head of European <strong>Valuations</strong><br />
T +44 (0)20 7861 1283<br />
nick.powlesland@knightfrank.com<br />
Deborah Watt - Partner, European <strong>Valuations</strong><br />
T + 44 (0)20 7861 1678<br />
deborah.watt@knightfrank.com
HEALTHCARE<br />
VALUATIONS<br />
Providing cutting edge and unrivalled<br />
healthcare advice.
healthcare<br />
VALUATIONS<br />
What we do<br />
<strong>Knight</strong> <strong>Frank</strong>’s Healthcare department specialises in<br />
providing land, property and trading business advice for<br />
operators, occupiers, developers, property companies,<br />
institutions and investors in both the public and private<br />
healthcare sectors.<br />
<strong>Knight</strong> <strong>Frank</strong> advises on all categories of healthcare<br />
property which range from residential care homes, nursing<br />
homes, learning disability units, physical disability units,<br />
mental disorder units, secure units, hospitals, day centres,<br />
surgeries, nurseries, care villages, retirement apartments<br />
and development sites throughout the UK and Europe.<br />
Why <strong>Knight</strong> <strong>Frank</strong>?<br />
We provide the sector’s premier Healthcare property<br />
service which comprises:<br />
� Valuation, Agency, Development, Investment, Sale<br />
& Leaseback, Landlord & Tenant, Planning, Building<br />
Consultancy, Feasibility Studies and Research<br />
� Reacting quickly and efficiently to mandates<br />
� Providing an unrivalled healthcare and international<br />
investor & purchaser database<br />
� Sourcing appropriate healthcare opportunities via our<br />
63 UK offices and 207 worldwide offices<br />
� Always, genuinely, ‘thinking outside of the box’ in<br />
assisting and advising our clients<br />
By valuing our clients’ businesses, we are then able to<br />
use that intelligence to identify and complement their<br />
existing portfolio through strategic acquisition or via<br />
asset management. Furthermore, we advise on the<br />
suitability of property assets to be split into operating<br />
and property companies where our consultants provide<br />
expert advice on Fair Maintainable Trade, lease structure,<br />
rent cover including an appreciation for the sector’s<br />
nuances. Our comprehensive consultancy means we<br />
are right on the pulse of our clients’ needs.<br />
Who we act for<br />
<strong>Knight</strong> <strong>Frank</strong>’s Healthcare department has expanded<br />
considerably over recent years to meet client demand.<br />
Our extensive client database includes many of the UK’s<br />
largest care providers, major UK high street clearing<br />
banks and overseas banks, institutions, private and listed<br />
property companies, unit trusts, pension funds, corporate<br />
recovery & loan servicing teams and private investors.<br />
Key contacts<br />
Julian Evans - Head of Healthcare<br />
T +44 (0)20 7861 1147<br />
julian.evans@knightfrank.com<br />
Kieren Cole - Partner, <strong>Valuations</strong><br />
T +44 (0)20 7861 1563<br />
kieren.cole@knightfrank.com<br />
Patrick Evans - Associate, Corporate <strong>Valuations</strong><br />
T +44 (0)20 7861 1757<br />
patrick.evans@knightfrank.com<br />
Chris Wishart - Associate, National Agency<br />
T +44 (0)20 7861 1076<br />
chris.wishart@knightfrank.com
STRATEGIC<br />
CONSULTANCY &<br />
PUBLIC SECTOR<br />
Advising the public sector with an expert understanding.
STRATEGIC CONSULTANCY<br />
& PUBLIC SECTOR<br />
What we do<br />
<strong>Knight</strong> <strong>Frank</strong>’s Strategic Consultancy and Public Sector<br />
department advises a wide range of public bodies<br />
including local and district authorities, development<br />
agencies and government departments.<br />
The team is dedicated to advising public sector clients<br />
and has an in depth understanding of the requirements<br />
of the sector.<br />
The team has 14 chartered surveyors including three<br />
dual qualified surveyors and chartered town planners<br />
experienced in providing regeneration and development<br />
consultancy, strategic estates advice and accommodation<br />
studies. Within the team we have in-depth valuation;<br />
landlord and tenant; land disposal and compensation<br />
skills. Our professional advice covers a wide diversity<br />
of buildings and land within public ownership, and our<br />
valuation reports encompass the following:<br />
� Public sector capital accounting<br />
� Transfers between public bodies<br />
� CPO compensation<br />
� Residual land valuations, including best<br />
consideration valuations<br />
� Development appraisals to test the viability of<br />
proposed schemes<br />
We have experience of valuing both specialist and nonspecialist<br />
assets for public sector accounts purposes<br />
including Local Authority owned shops, community<br />
centres, schools, sport centres, museums, training centres<br />
and development sites.<br />
We also act as an ‘honest broker’ to determine market<br />
value where land and property is to be transferred between<br />
public bodies or as part of land swap arrangements and<br />
where advice is required by local authorities to satisfy the<br />
requirements of s123 of the 1972 Local Government Act.<br />
We also value properties which are to be acquired under<br />
compulsory purchase orders to support negotiations<br />
with owners.<br />
As part of our development consultancy role, we regularly<br />
undertake valuations both within and outside the<br />
provisions of the RICS Red Book to determine the value of<br />
sites owned by the public sector, both on an existing use<br />
and development value basis. These reports are usually<br />
required to inform a land disposal, or to test proposed<br />
schemes on a wider area basis as part of a masterplan,<br />
feasibility study, or formal planning document, such as an<br />
Area Action Plan.<br />
<strong>Knight</strong> <strong>Frank</strong> is appointed to the OGC Buying Solutions<br />
Estates Professional Services panel, the HCA National<br />
Property Panel and several other public sector pre<br />
approved supplier Frameworks.<br />
Key contacts<br />
Alex Dawson - Head of Strategic Consultancy and Public Sector<br />
T +44 (0)20 7861 1132<br />
alex.dawson@knightfrank.com<br />
James Leaver - Partner<br />
T +44 (0)20 7861 1133<br />
james.leaver@knightfrank.com<br />
Chris Poole - Associate<br />
T +44 (0)20 7861 1271<br />
chris.poole@knightfrank.com
agricultural<br />
valuations<br />
<strong>Knight</strong> <strong>Frank</strong>’s agricultural valuation department<br />
provides trusted valuation and consultancy advice.
Agricultural<br />
<strong>Valuations</strong><br />
<strong>Knight</strong> <strong>Frank</strong> has a pedigree of involvement in the sale<br />
and purchase of estates, farms and rural property on<br />
behalf of its clients. We offer valuations for a wide variety<br />
of purposes including:<br />
� Secured lending for high street and private<br />
client banks<br />
� Assessments for Inheritance Tax, Capital Gains Tax<br />
and Company Accounts<br />
� Portfolio assessments for individuals or companies<br />
� Family Trusts and settlements<br />
� Compulsory purchase claims<br />
� Matrimonial proceedings and financial settlements<br />
� Acquisition<br />
� Blight & diminution in value claims<br />
� Negotiating settlements for trust/tax purposes<br />
Agricultural valuations form a key part of <strong>Knight</strong> <strong>Frank</strong>’s<br />
business and are covered by a dedicated and highly<br />
experienced team. Our specialists solely undertake<br />
valuation work and are therefore able to fulfil instructions<br />
quickly and cost effectively. We have in depth knowledge<br />
of both local and wider property markets, current<br />
legislation, taxation rules and other factors that can affect<br />
a property’s sale value or asset potential. We also enjoy<br />
the support of <strong>Knight</strong> <strong>Frank</strong>’s powerful research,<br />
information and archive resources as well as other<br />
departments within the Firm.<br />
We provide specialist valuation advice on a national basis<br />
on matters relating to all aspects of rural property. Our<br />
agricultural valuation team works closely with our rural<br />
consultancy and country departments and has a more<br />
diverse view of the property market, transactions and<br />
professional issues.<br />
We can also provide advice and liaise with other<br />
professional advisers when required which is beneficial<br />
in providing a holistic approach. Our advice on valuation<br />
issues and ancillary matters is tailored to the requirements<br />
of our clients.<br />
We also undertake valuation consultancy work, for<br />
example, negotiating settlements with the Valuation<br />
Office and District Valuers.<br />
We can offer a valuation service for farms, estates and<br />
agricultural property throughout England, Scotland<br />
and Wales.<br />
Expert Witness<br />
We work in accordance with the practice statement and<br />
guidance note of The Royal Institution of Chartered<br />
Surveyors (RICS) ‘Surveyors acting as Expert Witnesses’<br />
as well as the Civil Procedure Rules. We provide Expert<br />
Witness reports in connection with family or matrimonial<br />
disputes, negligence cases and blight claims.<br />
Allied services<br />
Our valuations are supported by a national residential,<br />
estate, farm and equestrian sales’ service together with<br />
our rural consultancy, country house consultancy, digital<br />
mapping and building consultancy departments together<br />
with the commercial arm of <strong>Knight</strong> <strong>Frank</strong>.<br />
Key contacts<br />
Tom Barrow MRICS - Partner, England & Wales<br />
T +44 (0)117 945 2641<br />
tom.barrow@knightfrank.com<br />
George Jewell MRICS - Associate, England<br />
(South East and East Anglia)<br />
T +44 (0)1483 543480<br />
george.jewell@knightfrank.com<br />
James Prewett MRICS FAAV- Senior surveyor, England<br />
(South West & Wales)<br />
T + 44 (0)117 945 2642<br />
james.prewett@knightfrank.com<br />
Ashley Dodgson MRICS - Associate, England (The North)<br />
T +44 (0)113 297 2434<br />
ashley.dodgson@knightfrank.com<br />
Michael Ireland MA MLE MRICS - Associate, Scotland<br />
T +44 (0)131 222 9625<br />
michael.ireland@knightfrank.com
european<br />
Residential<br />
valuations<br />
<strong>Knight</strong> <strong>Frank</strong>’s Residential Valuation and<br />
Consultancy department prepare valuations<br />
across Europe.
European Residential<br />
<strong>Valuations</strong><br />
The <strong>Knight</strong> <strong>Frank</strong> Residential Valuation and<br />
Consultancy department includes a dedicated<br />
European Valuation team.<br />
Working closely with our International department and<br />
European network of Associate offices and <strong>Knight</strong> <strong>Frank</strong><br />
representatives, we have valued properties across Europe<br />
including France, Monaco, Switzerland, Italy, Belgium,<br />
Spain, The Balearics, Portugal, Croatia and Turkey.<br />
We have valued properties ranging from €400,000 to<br />
€170,000,000.<br />
Properties valued have included villas, farmhouses,<br />
châteaux, country estates, ski chalets, apartments, plots<br />
of land for development purposes and property portfolios.<br />
We can also offer a valuation service for properties based<br />
in the Caribbean.<br />
Our services include<br />
� Valuation advice for private individuals, private and<br />
public companies, the major clearing banks and<br />
private lending institutions<br />
� Formal valuation reports for various purposes including<br />
secured lending, internal accounting,<br />
capital gains tax, wealth tax, inheritance tax and<br />
matrimonial matters<br />
� Expert Witness reports for litigation purposes and<br />
matrimonial proceedings in accordance with the Civil<br />
Procedure Rules<br />
� Valuation reports in accordance with the requirements<br />
of the RICS and International Valuation Standards<br />
� We can also provide pre purchase building surveys and<br />
diagnostic reports on building defects<br />
Allied services<br />
<strong>Knight</strong> <strong>Frank</strong> has a complete residential sales service and<br />
also commercial offices across Europe handling valuation<br />
and consultancy work.<br />
Key contacts<br />
Anthony Hill BSc MRICS - Partner<br />
T +44 (0)1789 297735<br />
tony.hill@knightfrank.com<br />
Michael Wilson BSc FRICS - Associate<br />
T +44 (0)1789 297735<br />
michael.wilson@knightfrank.com<br />
David Peters BSc FRICS MAE - Partner<br />
T +44 (0)20 7861 1067<br />
david.peters@knightfrank.com<br />
Patrick Dring - Partner<br />
T +44 (0)20 7861 1061<br />
patrick.dring@knightfrank.com<br />
Paul Humphreys - Partner<br />
T +44 (0)20 7861 1727<br />
paul.humphreys@knightfrank.com
expert witness<br />
valuations<br />
<strong>Knight</strong> <strong>Frank</strong> Residential Valuation and Consultancy<br />
department prepares valuations for all types of litigation.
Expert Witness<br />
<strong>Valuations</strong><br />
<strong>Valuations</strong> for litigation purposes form a key part of <strong>Knight</strong><br />
<strong>Frank</strong>’s valuation business and are covered by a dedicated<br />
and highly experienced team. Our specialists (dealing<br />
with all residential and rural property) solely undertake<br />
valuation work and are therefore able to fulfil instructions<br />
quickly and cost effectively. We have in depth knowledge<br />
of both local, national and international property markets,<br />
current legislation, taxation rules and other factors that<br />
can affect a property’s value or asset potential. We also<br />
enjoy the support of <strong>Knight</strong> <strong>Frank</strong>’s powerful research<br />
information and archive resources as well as other<br />
departments within the firm.<br />
We work to the Royal Institution of Chartered Surveyors<br />
Valuation Standards (‘The Red Book’) and the Civil<br />
Procedure Rules. We provide Expert Witness reports in<br />
connection with family or matrimonial disputes,<br />
negligence cases and blight claims.<br />
Each report is prepared with comparable evidence<br />
explained and analysed. Whether for single, joint or party<br />
appointed purposes, we aim to provide a clear and easily<br />
understood document to aid the court in its decision.<br />
Allied services<br />
Our team liaise with all departments in the firm and have<br />
access to a global residential sales network and buying<br />
agents. If necessary, we can provide reports on<br />
commercial property or even arrange finance for clients.<br />
Key contacts<br />
David Peters FRICS MAE - Partner, London & Home Counties<br />
T +44 (0)20 7861 1067<br />
david.peters@knightfrank.com<br />
Michael Harrap MRICS MEWI - Partner, Home Counties<br />
T +44 (0)1483 543480<br />
michael.harrap@knightfrank.com<br />
Mark Bird MRICS - Partner, Midlands & the North<br />
T +44 (0)1212 336493<br />
mark.bird@knightfrank.com<br />
Mark Lanyon MRICS - Associate, South West<br />
T +44 (0)1285 886690<br />
mark.lanyon@knightfrank.com<br />
Tom Barrow MRICS - Partner, England & Wales:<br />
Rural Property<br />
T +44 (0)1179 452641<br />
tom.barrow@knightfrank.com<br />
Tony Hill MRICS - Partner, Europe<br />
T +44 (0)1789 297735<br />
tony.hill@knightfrank.com<br />
Michael Ireland MA MLE MRICS - Associate, Scotland:<br />
Residential & Rural<br />
T +44 (0)131 222 9625<br />
michael.ireland@knightfrank.com
Leasehold<br />
Reform<br />
<strong>Knight</strong> <strong>Frank</strong> leasehold reform department<br />
gives advice on all aspects of applications to<br />
extend leases or to buy the freehold of houses<br />
or blocks of flats.
leasehold<br />
reform<br />
The Rights available<br />
The leasehold reform legislation provides for three<br />
principal different rights:<br />
1) If you are the owner of a flat, we can advise you how to<br />
extend your lease by 90 years at a nil ground rent<br />
2) If you are the owner of a house, we can advise you how<br />
to buy your freehold<br />
3) If you live in a block of flats and a majority of the<br />
leasees want to buy the freehold<br />
Extending the lease of your flat<br />
This is governed by the Leasehold Reform, Housing<br />
and Urban Development Act 1993, as amended by the<br />
Commonhold and Leasehold Reform Act 2002.<br />
Qualification<br />
In order to qualify, you must have a lease which, when it<br />
was granted, was for a term of over 21 years. It does not<br />
matter how long now remains. You must have owned this<br />
lease for a minimum period of two years.<br />
Procedure<br />
In summary, you serve a Notice on the freeholder, stating<br />
a realistic figure which you are prepared to pay for the<br />
lease extension. The freeholder replies with a Counter-<br />
Notice which will put forward the price at which he is<br />
prepared to sell. There is then a period for negotiations.<br />
If an agreement is not reached, the matter is referred to a<br />
leasehold valuation tribunal for the tribunal to determine<br />
the figure.<br />
Buying the freehold of your building<br />
Again, this is governed by the Leasehold Reform, Housing<br />
and Urban Development Act 1993 (as amended).<br />
Qualification<br />
The building must be a qualifying block (self-contained<br />
unit) consisting of at least 2 flats held by qualifying<br />
tenants. A qualifying tenant is an individual or a company<br />
who holds a long lease (defined as being one granted for<br />
a term in excess of 21 years). There is no minimum period<br />
of ownership and you do not have to occupy the flat, which<br />
can be let. In order to proceed, at least one half of the total<br />
number of qualifying tenants in the building must agree to<br />
participate in a claim.<br />
Procedure<br />
The procedure is broadly the same as for extending an<br />
individual lease except of course the notice is served by the<br />
nominee purchaser instead of the individual leaseholder.<br />
Buying the freehold of your house<br />
This is governed by the Leasehold Reform Act 1967.<br />
as amended.<br />
Qualification<br />
In order to qualify, the building must be “a house”. You<br />
must have owned the lease for a minimum period of 2<br />
years. You no longer have to have lived in the house as<br />
your main home, so the lease can be in the name of a<br />
company and the house can be let.<br />
Procedure<br />
The process is started by serving a Notice on the freeholder<br />
and any head leaseholder. This fixes the valuation date.<br />
The freeholder replies with a Counter-Notice, usually 2<br />
months later. This accepts or denies the claim, and is<br />
usually accompanied by a letter which proposes a price at<br />
which the freeholder is prepared to sell. At any time after<br />
the Counter-Notice, either party may refer the matter to a<br />
leasehold valuation tribunal, although negotiations can<br />
continue up until the date of the hearing, which is some 3<br />
months after the referral.<br />
Key Contacts:<br />
Robert Orr-Ewing - Partner<br />
T +44 (0)20 7861 1430<br />
robert.orr-ewing@knightfrank.com<br />
David Radford - Partner<br />
T +44 (0)20 7861 1103<br />
david.radford@knightfrank.com<br />
Vanda Kelsey - Associate<br />
T +44 (0)20 7861 1739<br />
vanda.kelsey@knightfrank.com<br />
Gavin Buchanan - Partner<br />
T +44 (0)20 7861 1514<br />
gavin.buchanan@knightfrank.com<br />
Riccardo Carrelli - Associate<br />
T +44 (0)20 7861 1734<br />
riccardo.carrelli@knightfrank.com
ESIDENTIAL<br />
valuationS &<br />
consultancy<br />
Providing trusted and honest valuation and<br />
consultancy advice on residential property.
ESIDENTIAL ValuationS<br />
& Consultancy<br />
In an ever changing world, trying to keep up to date with<br />
the value of an asset can be a difficult task. Yet it is this<br />
value that is often fundamental in determining personal<br />
plans and proposals. Ensuring that this valuation is<br />
accurate and can be trusted is essential and at <strong>Knight</strong><br />
<strong>Frank</strong> LLP this is achieved by active support and liaison<br />
between teams, including Residential Research,<br />
Information Services, Planning, Building Consultancy,<br />
Leasehold Reform and Development. Whatever the issue,<br />
there is up to date and integrated information and advice,<br />
honestly given.<br />
These issues will be various but may include:<br />
� Loan security – valuations for mortgage purposes. We<br />
operate for the vast majority of High Street and Private<br />
Banks providing RICS “Red Book” compliant reports in<br />
a bank approved format. These are detailed reports in<br />
order to aid the bank in making their lending decision.<br />
� Asset Purposes – whether for the Charities Act,<br />
Company or Public Accounts or for internal transfer<br />
purposes the value of the asset will be a fundamental<br />
requirement.<br />
� Taxation – for Capital Gains Tax, Inheritance Tax or to<br />
provide asset values for overseas taxation, taking in to<br />
account recent case law and precedent. We will also<br />
carry out any necessary negotiation with the Inland<br />
Revenue or appointed Valuation Officer for HMRC.<br />
� Litigation – whether for negligence, contract,<br />
compensation or matrimonial purposes we provide<br />
reports for court purposes which are for the guidance<br />
of the court and are CPR compliant. These can be<br />
single, joint or party appointed.<br />
� Purchase – advice on purchase to include Building<br />
Surveys and Home Buyer Reports in order to assess<br />
the structural integrity and maintenance requirements<br />
of a building.<br />
� Trust – for personal trust purposes, tax assessments<br />
and planning.<br />
� Compensation – for Blight purposes, Compulsory<br />
Purchase due to road or rail schemes, pipeline or<br />
telecoms claims.<br />
� International – we have dedicated teams on both<br />
residential and commercial sides of the business able<br />
to provide valuation assessments across the globe.<br />
� Agricultural – a specialised team dealing only with the<br />
formal valuation of farms and estates and up to date<br />
with rural issues and statute.<br />
Allied services<br />
The Valuation team is supported by an extensive research<br />
capability, specialist rural consultants, agency teams and<br />
a complete range of commercial services.<br />
Key contacts<br />
David Peters FRICS MAE - Partner<br />
T +44 (0)20 7861 1067<br />
david.peters@knightfrank.com<br />
Michael Harrap MRICS MEWI - Partner, South East<br />
T +44 (0)1483 543480<br />
michael.harrap@knightfrank.com<br />
Mark Bird MRICS - Partner, Midlands & North<br />
T +44 (0)1212 336493<br />
mark.bird@knightfrank.com<br />
James Thompson MRICS - Partner, London<br />
T +44 (0)20 7861 1075<br />
james.thompson@knightfrank.com<br />
Tom Barrow MRICS - Partner, Agricultural<br />
T +44 (0)1179 452641<br />
tom.barrow@knightfrank.com<br />
Tony Hill MRICS - Partner, European<br />
T +44 (0)1789 297735<br />
tony.hill@knightfrank.com<br />
Michael Ireland MA MLE MRICS - Associate, Scotland<br />
T +44 (0)131 222 9625<br />
michael.ireland@knightfrank.com
scottish<br />
valuations<br />
& consultancy<br />
<strong>Knight</strong> <strong>Frank</strong> Scottish Valuation department provides<br />
trusted valuation and consultancy advice.
Scottish <strong>Valuations</strong><br />
& Consultancy<br />
<strong>Knight</strong> <strong>Frank</strong> has a long standing presence in Scotland,<br />
with the Edinburgh office first opening in 1913.<br />
Our <strong>Valuations</strong> and Consultancy services are a key part of<br />
<strong>Knight</strong> <strong>Frank</strong>’s business and are covered by a dedicated<br />
and highly experienced team. We work closely with our<br />
other Scottish offices in Aberdeen, Glasgow and Lauder,<br />
giving us in-depth knowledge of local and national<br />
property markets. Our valuers will travel to all corners of<br />
Scotland, by land, air and sea.<br />
With a wealth of experience, we specialise in the valuation<br />
of country houses; landed and sporting estates; farms;<br />
islands and most other property within rural areas<br />
throughout Scotland. In addition, we undertake valuations<br />
of high value town and city properties, utilising the firm’s<br />
extensive marketing expertise and coverage, which<br />
provides invaluable backup in keeping up to date in an<br />
ever changing market.<br />
Our range of services include<br />
<strong>Valuations</strong><br />
� Valuation advice is given to private individuals, private<br />
and public companies, charities, major clearing banks<br />
and private lending institutions<br />
� We have valued properties ranging from £50,000<br />
to £10,000,000<br />
� Some of our more unusual valuations have included<br />
fish farms, hydro electric schemes and telecom sites<br />
� We provide valuations and claims advice in relation to<br />
Compulsory Purchase and Compensation<br />
� We also offer valuation and consultancy advice on small<br />
scale development properties<br />
Consultancy<br />
We carry out a range of consultancy work including farm<br />
rent reviews and telecoms lease and rent negotiations.<br />
We also provide property consultancy advice to a number<br />
of Scottish estates. Our compulsory purchase and<br />
compensation work is extensive and includes acting for<br />
scheme promoters and individual owners affected by<br />
public schemes.<br />
Expert Witness<br />
We work within the Royal Institution of Chartered Surveyors<br />
(RICS) acting as an Expert Witness Guidelines. We provide<br />
Expert Witness reports in connection with family or<br />
matrimonial disputes, negligence cases and blight claims<br />
along with valuation advice for purchasers/ buy outs in<br />
connection with the Agricultural Holdings (Scotland) Act<br />
and Land Reform (Scotland) Act.<br />
National and International coverage<br />
With our network of valuers throughout the country and<br />
abroad, we can arrange valuations on properties both<br />
nationally and internationally.<br />
Allied services<br />
The valuation team is supported by an extensive research<br />
capability, specialist rural consultants, agency teams and<br />
a complete range of commercial services.<br />
Key contacts<br />
John Coleman MRICS - Partner<br />
T +44 (0)131 222 9601<br />
john.coleman@knightfrank.com<br />
Sandy Douglas MRICS - Partner<br />
T +44 (0)1488 688502<br />
sandy.douglas@knightfrank.com<br />
Michael Ireland MA MLE MRICS - Associate<br />
T +44 (0)131 222 9625<br />
michael.ireland@knightfrank.com
The Buying<br />
Solution<br />
Whether you are looking to buy or rent The<br />
Buying Solution, as one of the UK’s leading<br />
property buying consultants, is dedicated to<br />
helping clients find exceptional homes.<br />
The independent buying consultancy of
The independent buying consultancy of<br />
The Buying Solution is an independent arm of <strong>Knight</strong> <strong>Frank</strong><br />
acting impartially throughout the whole market place,<br />
supported by the resources of one of the world’s great<br />
property firms. As one of the UK’s leading property buying<br />
consultants, we offer a highly personalised service. A<br />
single dedicated Buying Solution partner will take you from<br />
a detailed briefing session to a successful purchase and by<br />
using our contacts, resources and expertise, work to find<br />
the home you want to meet your brief. We will also give you<br />
access to the extensive ‘private’ market making sure that<br />
no opportunities are missed. We work hard to ensure that<br />
you are first to view a property, giving you an immediate<br />
edge that’s further sharpened through professional,<br />
realistic price negotiation.<br />
Buying search<br />
Our in-depth knowledge of the areas we cover from houses,<br />
farms and estates to the competitive property markets of<br />
London and the Home Counties, allow us to start planning<br />
your search from the initial brief. Our exceptional record in<br />
securing the best houses has led to many long-term clients<br />
returning to us time and time again. Our clients trust us.<br />
Our integrity and discretion means we are always working<br />
in your best interest, from advising on price to negotiating<br />
strongly on your behalf. There are few property pitfalls we<br />
haven’t come across and resolved before so, solving<br />
what may appear critical to some, is merely routine to us.<br />
Rental search<br />
Our wealth of experience in the UK rental market means<br />
you are the first to see a wide range of the most suitable<br />
properties.<br />
Identifying and securing a quality rental property can often<br />
result in complex negotiations with landlords, agents and<br />
solicitors over a wide range of issues such as payment<br />
terms, fixtures and fittings, garden maintenance and<br />
dilapidations. The Buying Solution will undertake these<br />
negotiations on your behalf.<br />
Together with our management team, our service<br />
can continue after you have moved in, ensuring a full<br />
enjoyment of your new home.<br />
Key contacts<br />
Philip Selway - Managing Partner<br />
T +44 (0)20 7591 2640<br />
M +44 (0)7789 878013<br />
philip.selway@thebuyingsolution.co.uk<br />
Cliff Gardiner - Partner, London<br />
T +44 (0)20 7591 2642<br />
M +44 (0)7917 068627<br />
cliff.gardiner@thebuyingsolution.co.uk<br />
Andrew Giller - Partner, Home Counties<br />
T +44 (0)20 7591 2647<br />
M +44 (0)7917 555990<br />
andrew.giller@thebuyingsolution.co.uk<br />
Jemma Scott, Rental search<br />
T +44 (0)20 7861 5244<br />
M +44 (0)7769 917164<br />
jemma.scott@thebuyingsolution.co.uk<br />
Mark Lawson - Partner, High Value Houses & Estates<br />
T +44 (0)1488 657912<br />
M +44 (0)7721 894347<br />
mark.lawson@thebuyingsolution.co.uk<br />
Bobby Hall - Partner, Southern region<br />
T +44 (0)1488 657912<br />
M +44 (0)7733 314326<br />
bobby.hall@thebuyingsolution.co.uk<br />
Ran Morgan - Partner, Central Region<br />
T +44 (0)1285 722030<br />
M +44 (0)7825 681295<br />
ran.morgan@thebuyingsolution.co.uk
esidential<br />
development<br />
valuations<br />
Professional independent advice on projects of<br />
every type and on any scale.
esidential<br />
development valuations<br />
In today’s fast-moving UK property market, it has never<br />
been more important for landowners, buyers, vendors and<br />
funders to appoint valuers and consultants with unrivalled<br />
market knowledge. Valuers who have the experience and<br />
capability to assess the true value of a site and scheme<br />
taking into account the impact of a plethora of statutory,<br />
planning and environmental hurdles. Valuers who will work<br />
in partnership with clients to examine the optimum scheme<br />
for the site that will achieve the highest values.<br />
<strong>Knight</strong> <strong>Frank</strong>’s dedicated Residential Development<br />
<strong>Valuations</strong> team comprises highly experienced valuers with<br />
outstanding knowledge of the residential property markets<br />
as well as the financial and legislative factors affecting<br />
projects in the UK.<br />
Supported by the Land Agency, New Homes and Affordable<br />
Housing teams, as well as the Residential Research<br />
department, the <strong>Valuations</strong> team provides professional and<br />
trusted advice, reflecting the micro markets on a complete<br />
spectrum of schemes. From barn conversions through to<br />
high profile multi-million pound mixed residential and<br />
commercial schemes, our team is ready to work with you.<br />
We would welcome an opportunity to discuss your<br />
particular valuation needs. Please contact either Elaine<br />
Tooke or Justin Gaze.<br />
Service menu<br />
We offer a complete spectrum of tailor-made services for<br />
every type of development. Our services include:<br />
� Development funding valuations<br />
� Site and property appraisals<br />
� Land use studies<br />
� Viability reports<br />
� Investment portfolio valuation and consultancy<br />
� Asset valuations for report and accounts<br />
� Valuation analysis and commentary<br />
� Affordable housing valuations<br />
� Project monitoring<br />
� Mergers and acquisitions<br />
� Litigation and expert witness<br />
� Damage limitation strategies<br />
� Corporate recovery services<br />
Key contacts<br />
Justin Gaze<br />
T +44 (0)20 7861 5407<br />
justin.gaze@knightfrank.com<br />
Elaine Tooke<br />
T +44 (0)20 7861 5430<br />
elaine.tooke@knightfrank.com
<strong>Global</strong> offices<br />
UK<br />
Aberdeen<br />
Ascot<br />
Basingstoke<br />
Bath<br />
Beaconsfield<br />
Berkhamsted<br />
Birmingham<br />
Bristol<br />
Cardiff<br />
Cheltenham<br />
Cirencester<br />
Cobham<br />
Edinburgh<br />
Esher<br />
Exeter<br />
Glasgow<br />
Guildford<br />
Harrogate<br />
Henley on Thames<br />
Hereford<br />
Hungerford<br />
Lauder<br />
Leeds<br />
Liverpool<br />
London<br />
Belgravia<br />
Canary Wharf<br />
Chelsea<br />
City<br />
Fulham<br />
Hampstead<br />
Kensington<br />
<strong>Knight</strong>sbridge<br />
Marylebone<br />
Mayfair<br />
Notting Hill<br />
Riverside<br />
St. John’s Wood<br />
Wandsworth<br />
Wapping<br />
West End<br />
Wimbledon<br />
Manchester<br />
Milton Keynes<br />
Newbury<br />
Newcastle-upon-Tyne<br />
Oxford<br />
Sevenoaks<br />
Sheffield<br />
Sherborne<br />
Southampton<br />
Stratford upon Avon<br />
Sutton Coldfield<br />
Tunbridge Wells<br />
Virginia Water<br />
Winchester<br />
Worcester<br />
Europe<br />
Belgium<br />
Czech Republic<br />
France<br />
Germany<br />
Hungary<br />
Ireland<br />
Italy<br />
Monaco<br />
The Netherlands<br />
Poland<br />
Portugal<br />
Romania<br />
Russia<br />
Spain<br />
Ukraine<br />
Africa<br />
Botswana<br />
Kenya<br />
Malawi<br />
Nigeria<br />
South Africa<br />
Tanzania<br />
Uganda<br />
Zambia<br />
Zimbabwe<br />
Asia Pacific & Middle East<br />
Australia<br />
Bahrain<br />
Cambodia<br />
China<br />
Hong Kong<br />
India<br />
Indonesia<br />
Malaysia<br />
New Zealand<br />
Singapore<br />
Thailand<br />
The Americas<br />
Bermuda<br />
Brazil<br />
Canada<br />
Caribbean<br />
USA<br />
global<br />
valuations<br />
team<br />
The global valuations team at <strong>Knight</strong> <strong>Frank</strong><br />
provides a wide range of valuation and consultancy<br />
services for our residential and commercial clients.
KEY CONTACTS<br />
London and South EAST<br />
Matthew Cripps<br />
Central London<br />
T +44 (0)20 7861 1282<br />
E: matthew.cripps<br />
@knightfrank.com<br />
Rupert Johnson<br />
Head of Commercial <strong>Valuations</strong><br />
T +44 (0)20 7861 1284<br />
E: rupert.johnson<br />
@knightfrank.com<br />
Commercial Residential<br />
regional<br />
Jeremy Tham<br />
West End/Midtown<br />
T +44 (0)20 7861 1769<br />
E: jeremy.tham<br />
@knightfrank.com<br />
Simon Gillespie<br />
City<br />
T +44 (0)20 7861 1292<br />
E: simon.gillespie<br />
@knightfrank.com<br />
Roger Norman<br />
Retail<br />
T +44 (0)20 7861 1682<br />
E: roger.norman<br />
@knightfrank.com<br />
Graham Spoor<br />
Shopping Centres<br />
T +44 (0)20 7861 1539<br />
E: graham.spoor<br />
@knightfrank.com<br />
Harry Morten<br />
South East<br />
T +44 (0)20 7861 1202<br />
E: harry.morten<br />
@knightfrank.com<br />
Arjen Cooper-Rolfe<br />
South East<br />
T +44 (0)20 7861 1501<br />
E: arjen.cooper-rolfe<br />
@knightfrank.com<br />
Giles Coward<br />
Industrial<br />
T +44 (0)20 7861 1679<br />
E: giles.coward<br />
@knightfrank.com<br />
Robert Gray<br />
Offices<br />
T +44 (0)20 7861 1290<br />
E: robert.gray<br />
@knightfrank.com<br />
John Woolsey<br />
Litigation<br />
T +44 (0)20 7861 1142<br />
E: john.woolsey<br />
@knightfrank.com<br />
South West and Wales Midlands North West<br />
Richard Walters<br />
Commercial<br />
T +44 (0)29 2044 0123<br />
E: richard.walters<br />
@knightfrank.com<br />
Kevin Lockyer<br />
Residential<br />
T +44 (0)1392 848 835<br />
E: kevin.lockyer<br />
@knightfrank.com<br />
Nick Snowden<br />
Residential Development<br />
T +44 (0)117 917 4547<br />
E: nick.snowden<br />
@knightfrank.com<br />
Kevin Morris<br />
Commercial<br />
T +44 (0)121 233 6451<br />
E: kevin.morris<br />
@knightfrank.com<br />
Nick Robbins<br />
Residential<br />
T +44 (0)121 233 6494<br />
E: nick.robbins<br />
@knightfrank.com<br />
Andrew Davis<br />
Residential Development<br />
T +44 (0)121 233 6432<br />
E: andrew.davis<br />
@knightfrank.com<br />
David Roper<br />
Commercial<br />
T +44 (0)161 833 7723<br />
E:david.roper<br />
@knightfrank.com<br />
David Peters<br />
Head of Residential <strong>Valuations</strong><br />
T +44 (0)20 7861 1067<br />
E: david.peters<br />
@knightfrank.com<br />
James Thompson<br />
London<br />
T +44 (0)20 7861 1075<br />
E: james.thompson<br />
@knightfrank.com<br />
Michael Harrap<br />
South East<br />
T +44 (0)1483 543 480<br />
E: michael.harrap<br />
@knightfrank.com<br />
Tom Barrow<br />
Farms & Estates<br />
T +44 (0)117 945 2641<br />
E: tom.barrow<br />
@knightfrank.com<br />
Mark Bird<br />
Residential<br />
T +44 (0)121 233 6493<br />
E: mark.bird<br />
@knightfrank.com<br />
George Jewell<br />
Agricultural<br />
T +44 (0)1483 543 480<br />
E: george.jewell<br />
@knightfrank.com<br />
Justin Mason<br />
Litigation<br />
T +44 (0)20 7861 5029<br />
E: justin.mason<br />
@knightfrank.com<br />
Simon Mackay<br />
Residential Development<br />
T +44 (0)161 838 7747<br />
E:simon.mackay<br />
@knightfrank.com<br />
North<br />
Elaine Tooke<br />
Joint Head of Residential<br />
Development <strong>Valuations</strong><br />
T +44 (0)20 7861 5430<br />
E: elaine.tooke<br />
@knightfrank.com<br />
Residential Development<br />
Nick Wales<br />
Commercial<br />
T +44 (0)114 272 9750<br />
E: nick.wales<br />
@knightfrank.com<br />
Ashley Dodgson<br />
Residential<br />
T +44 (0)113 297 2434<br />
E: ashley.dodgson<br />
@knightfrank.com<br />
Andrew Fox<br />
Residential Development<br />
T +44 (0)113 297 1959<br />
E: andrew.fox<br />
@knightfrank.com<br />
Justin Gaze<br />
Joint Head of Residential<br />
Development <strong>Valuations</strong><br />
T +44 (0)20 7861 5407<br />
E: justin.gaze<br />
@knightfrank.com<br />
Sebastian Wallis<br />
London<br />
T +44 (0)20 7861 5415<br />
E: sebastian.wallis<br />
@knightfrank.com<br />
Charlie Hart<br />
Thames Gateway<br />
T +44 (0)20 7718 5222<br />
E: charlie.hart<br />
@knightfrank.com<br />
Hugo Stuttaford<br />
South East<br />
T +44 (0)1483 564660<br />
E: hugo.stuttaford<br />
@knightfrank.com<br />
James Mannix<br />
Residential Investment<br />
T +44 (0)20 7861 5412<br />
E: james.mannix<br />
@knightfrank.com<br />
Ranald Harris<br />
Commercial<br />
T +44 (0)191 221 2211<br />
E: ranald.harris<br />
@knightfrank.com<br />
Nick Powlesland<br />
Head of International <strong>Valuations</strong><br />
T +44 (0)20 7861 1283<br />
E: nick.powlesland<br />
@knightfrank.com<br />
Trading Other Services<br />
Ian Elliott<br />
Hotels<br />
T +44 (0)20 7861 1082<br />
E: ian.elliott<br />
@knightfrank.com<br />
Kieren Cole<br />
Healthcare<br />
T +44 (0)20 7861 1563<br />
E: kieren.cole<br />
@knightfrank.com<br />
James Pullan<br />
Student Property<br />
T +44 (0)20 7861 5422<br />
E: james.pullan<br />
@knightfrank.com<br />
Emma Cleugh<br />
Institutional<br />
T +44 (0)20 7861 5427<br />
E: emma.cleugh<br />
@knightfrank.com<br />
Michael Bapty<br />
Marine<br />
T +44 (0)117 945 2635<br />
E: michael.bapty<br />
@knightfrank.com<br />
North East Scotland International<br />
James Platts<br />
Residential Development<br />
T +44 (0)191 221 2211<br />
E: james.platts<br />
@knightfrank.com<br />
Andrew Oswald<br />
Commercial<br />
T +44 (0)141 566 6024<br />
E: andrew.oswald<br />
@knightfrank.com<br />
Michael Ireland<br />
Residential<br />
T +44 (0)131 222 9625<br />
E: michael.ireland<br />
@knightfrank.com<br />
Simon Gammom<br />
<strong>Knight</strong> <strong>Frank</strong> Finance<br />
T +44 (0)20 7268 2581<br />
E: simon.gammon<br />
@knightfrankfinance.com<br />
Philip Selway<br />
Managing Partner, The Buying Solution<br />
T +44 (0)20 7591 2640<br />
E: philip.selway<br />
@thebuyingsolution.co.uk<br />
Robert Orr-Ewing<br />
Leasehold Reform<br />
T +44 (0)20 7861 1430<br />
E: robert.orr-ewing<br />
@knightfrank.com<br />
Jeremy Kingston<br />
Building Consultancy<br />
T +44 (0)20 7861 1122<br />
E:jeremy.kingston<br />
@knightfrank.com<br />
James Del Mar<br />
Rural Consultancy<br />
T +44 (0)1488 688 507<br />
E: james.del.mar<br />
@knightfrank.com<br />
Deborah Watt<br />
Commercial<br />
T +44 (0)20 7861 1678<br />
E: deborah.watt<br />
@knightfrank.com<br />
Tony Hill<br />
Residential<br />
T +44 (0)1789 297 735<br />
E :tony.hill<br />
@knightfrank.com<br />
Simon Stanley<br />
Residential Development<br />
T +44 (0)20 7861 5337<br />
E: simon.stanley<br />
@knightfrank.com