Housing Cost Differential Assessment


Designed to determine if a relocation means a move to an area of higher housing costs (prchase or rental), such an assessment will determine the difference between the actual value of an employees existing property and its perceived value in an alternative, but as closely as possible, equivalent location.

The results can be used to determine what (if any) financial assistance should be offered to support the employee with:

   * additional mortgage interest or rent

      * stamp duty land tax on their purchase in the new area

In addition, a differential can be a useful tool for

   * pre-relocation budgeting

An independent specialist's assessment has the benefit of being:

   * Impartial

      * unbiased

         * objective

A differential assessment can be an

   * Individual Study

The truest and most accurate 'like for like' possible, an individual study considers an employees actual property, and all the characteristics of its neighbourhood. These details are captured and (as closely as possible)replicated in the new work area. The likely value of the actual house in the new area is determined and compared with actual 'old' area value.

   * Bespoke table / matrix

An ideal 'ready reckoner' for multi-sited Companies, tables / matrix can be built against pre-agreed criteria (house types /areas etc)

   * Surveyor property inspection and area to area visit

Designed to assess the unusual property or contentious case, this study will allow our in-house Surveyor to consider the facts of the case with 'first hand knowlege' of the property / location. 

   * 'On-line'

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