The latest version of the Royal Institution of Chartered Surveyors ‘Red Book’ (RICS Appraisal & Valuation Standards 2003) provides the following official guidance to property surveyors and valuers:
“The possible effects of electric and magnetic fields have been the subject of occasional media coverage and where there is high voltage electrical supply equipment close to the property there is a risk that public perception may affect marketability.”
In order to prevent unacceptable distortion of the housing market, erroneous or misleading reports by surveyors or valuers on EMF issues are closely monitored and reported to the relevant authorities.
Regular Continuing Professional Development workshops on EMF issues are also provided for surveyors, agents and other property professionals. For further information on these, please Contact Us.