When transferring property between family members, it is important to set property value at a fair and realistically achievable market level. 

These valuations are carried out with future Capital Gains Taxation liability in mind.

For such transfers or Transfer by Deed of Gift, the Report providing current day assessment of value is important and of future benefit when Capital Gains Tax liabilities come into play.

Any over assessment of historical property value will be picked up by HMRC, professionally prepared “proof of value” of great benefit to prevent such circumstances.