This morning I had a slightly unusual job inasmuch as I had to value a house that has been deemed defective by the government under the 1986 Housing Act. My Client had purchased it under a right to buy, but did not take up the government's offer of repairing the house under a 90% grant; shame really. The Local Authority now want to purchase it back again so I have to argue the toss about value of a house which is deemed defective and of course is un-mortgageable. Fortunately I had agreed a valuation under similar circumstances, and on a similar style house, three years ago. It means that I can use the Land Registry house price indices to, hopefully, gear up the valuation to something higher than the local authority are hoping to pay. It will be an interesting, ongoing case. Later on I was looking at four houses all let out to students and, rightly, my Client was interested in having them fully insured so asked me to value them for that purpose. Another day, another dollar…   more »