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Will estate agents carry out valuations for tenants who are thinking of buying the home they are renting?

I have been told by a couple of estate agents that they cannot carry out a valuation for me as I do not own the property. If they cannot do this, how do I go about valuing the property?

Asked on Jul 31 2011, General in Newport | Report content

Answers (4)

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  • I'm sure one of the nice estate agents on Zoopla Q&A will happily give you a valuation.

    Answered on Jul 31 2011, Report content
  • Umm, you could just call an agent in and normally they would not ask if you are the owner they just assume you are. But do bear in mind if you are asked you will have to own up but if not you should be able to get a valuation letter from them.

    Answered on Aug 1 2011, Report content
  • I see your logic but it's not you as the tenant who will be setting the sale price of your home, it will be the vendor, so any valuation an estate agent might do wouldn't mean a great deal. If you are looking for a second option on value or some negotiating "ammo" just ring a local agent, I'm sure they'd be able to advise you.

    Answered on Nov 12 2011, Report content
  • Well how about you get permission from your landlord? I am a landlord and thinking of selling to my tenants, I would like them to be with me at valuations, and also hear/see the result. Estate agents will come to very much the same conclusion as you, especially if you use Zoopla and other sites to gain an insight into local values. Also, if you apply for a mortgage your lender will value the property.

    Answered on Feb 3 2013, Report content

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