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RICS Red Book

Shared Ownership / Staircasing Valuation

An independent RICS Red Book valuation to buy further shares (staircasing) or sell your shared-ownership home — accepted by lenders and housing associations, valid for 3 months, by an RICS Registered Valuer.

A modern shared-ownership home being valued for staircasing
RICS Registered Valuer Red Book compliant Accepted by housing associations 🗓️ Valid for 3 months From £200
When you need one

Buying more, or moving on

If you own a share of your home through a shared-ownership scheme, your housing association will require an independent RICS valuation before you can buy further shares or sell.

  • Staircasing — buying additional shares in your home, sometimes all the way to 100% ownership.
  • Selling your share — a current market value is needed to set the price your buyer pays.
  • Remortgaging — lenders and associations rely on an independent figure, not your own estimate.

The cost of the shares you buy is based on the current market value of the whole property, so an accurate, independent valuation makes sure you pay the right amount.

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Keys to a shared-ownership home
£200
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How it works

How a staircasing valuation works

Most housing associations follow the same process, and a Red Book valuation by an RICS Registered Valuer is at the heart of it.

  • You notify your housing association that you wish to staircase or sell
  • You instruct an independent RICS Registered Valuer — that's us
  • We inspect the property and value the whole home at open-market value
  • The price of the extra shares is calculated from that figure
  • The valuation is valid for three months, so you complete within that window
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An RICS shared-ownership valuation report
3
months valid
What's included

A valuation your association will accept

  • A full internal and external inspection of your home
  • An open-market value of the whole property
  • Supporting comparable evidence for your area
  • A report formatted for your housing association and lender
  • Signed by an RICS Registered Valuer
  • Issued promptly so you stay inside the 3-month window
Transparent pricing

Shared ownership valuation

From £200

Final price depends on the size, value and location of the property.

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An exact figure in under a minute.

Good to know

Shared ownership valuation questions, answered

What is staircasing?

Staircasing is buying additional shares in your shared-ownership home, increasing the percentage you own — sometimes all the way to 100%. The price of those shares is based on the current market value of the whole property, which is why an independent RICS valuation is required.

Will my housing association accept it?

Yes. Housing associations require an independent valuation by an RICS Registered Valuer, prepared to the Red Book. That's exactly what we provide, formatted in the way they expect.

How long is the valuation valid?

Three months from the date of valuation. If your staircasing or sale doesn't complete within that time, the association will usually ask for a fresh valuation, so it's best to instruct us once your timeline is set.

Can I use it to sell my home?

Yes. The same Red Book valuation can be used to set the price when selling your shared-ownership share, as required by your housing association before they market it or approve a buyer.

Ready to staircase or sell?

Get a free quote for an independent RICS valuation your housing association will accept.

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