RICS rules out material uncertainty across UK property sector despite lockdown
Advises a 'general lifting' of material valuation uncertainty
Despite concerns to the contrary, the property sector has avoided the return of the material uncertainty clause
The Royal Institution of Chartered Surveyors (RICS) has confirmed it will not be recommending the reimplementation of material uncertainty clauses (MUC), despite renewed national lockdowns.
Following a meeting of the RICS Material Valuation Uncertainty Leaders Forum yesterday (5 January), the body concluded that new restrictions did not affect the ability of independent valuers to ascribe...
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