Valuation on quarterly in advance basis and true equivalent yield (TEY)
Traditional valuation methods have tended to be based on the concept of income being received annually in arrears, irrespective of the fact that it is most commonly paid quarterly in advance by tenants. This study pack looks at the method of valuation to fully take into account the actual frequency of income being received. It introduces the concept of valuing the True Equivalent Yield (TEY) and compares it with Notional Yield and has an instructional video presentation explaining these concepts, together with examples to calculate. For the more mathematically minded, it also has a section which explains the maths behind the calculations.
AUTHOR: Anthony Banfield DipProjMan FRICS
Price: £59.00 (includes postage and packaging)
Satisfies up to 6 hours CPD
Study paper, CD-Rom*, Question paper and model answers
Study paper published June 2009