MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • IPAV to discuss merits of European valuation method for Ireland
Uncategorized
Oct 30, 2015 - 10:27

IPAV to discuss merits of European valuation method for Ireland

MyHome.ie
By MyHome.ie
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
IPAV to discuss merits of European valuation method for Ireland

ipav-logo

The Institute of Professional Auctioneers and Valuers (IPAV) will discuss the possiblity of introducing a European system for valuing property in Ireland when they host a summit in Dublin on Wednesday.

The event in the Chartered Accountants House on Pearse Street will debate the merits of the European valuation method ‘Mortgage Lending Value’, which is currently used in Spain, Germany, Portugal and the Czech Republic.

The concept determines a property valuation based on a range of factors that attempt to determine value over the longer term rather than current trends at the time of sale.

Commenting on the system, IPAV Chief Executive Pat Davitt said the European model could prevent future boom and bust cycles.

Advertisement

“The only system of valuing property in Ireland is one based on market value. It estimates the price that could be obtained for a property at the valuation date, notwithstanding that this value could alter over time, sometimes very rapidly, as we know only too well.

“However under the ‘Mortgage Lending Value’ system the value of a property is determined by a prudent assessment of its future marketability taking into account long-term sustainable aspects of the property such as the local market conditions, the current use and possible alternate uses.

“We’re hosting this debate to tease out the ramifications of such a system. We have the opportunity to study the experiences from other countries and have a fully informed debate on the merits or otherwise of such a system,” he said.

The event will be opened by Minister of State Simon Harris TD with speakers including CEO of the European Mortgage Federation, Luca Bertalot and economist David McWilliams.

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • Chartered Accountants House
  • Czech Republic
  • Dublin
  • Germany
  • Institute of Professional Auctioneers and Valuers
  • IPAV
  • Mortgage Lending Value
  • Pat Davitt
  • Pearse Street
  • Portugal
  • Simon Harris
  • Spain
MyHome.ie
By MyHome.ie
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement