Hollandgreen Flashcards
1
Q
What was your advice for Hollandgreen?
A
It was suitable for loan security purposes, and the market value of was £12m
2
Q
What were the risks of Hollandgreen
A
It’s a ground floor flat, less attractive to some buyers
3
Q
Did the EWS1 form affect the value for Hollandgreen?
A
No, as it stated that no remediation work was necessary
4
Q
If the EWS1 form came back and the building needed works, how would this have affected the value and loan security?
A
I would have looked at the remediation report, cost of works, and timeframe and take this into account with my valuation. I would make it a condition of the loan security that the works are undertaken.
