Residential Valuation Manager
Portsmouth City Council
Civic Offices Guildhall Walk Portsmouth
Job typeFull Time, Permanent
£39,880 - £43,857 Per Annum
1 November 2021
Portsmouth City Council
At Portsmouth City Council we’re all about developing our staff, because we want to build a bigger and better city but we need the best employees to do so.
With a little over 207,000 residents and 7,000 businesses throughout this city, this unitary authority’s main goal is to ensure the best care and development of all those within the city. From customer service to Multi-million pound projects, our residents are at the heart of everything we do.
What is the Role?
This role leads the Residential Valuation and Commercial services team and is a specialist residential valuer, property surveyor and will lead a small team of valuation/commercial officers. The team and therefore this post are responsible for the valuation of council housing stock, the valuation of property and land and the management of the commercial property portfolio of the Housing Revenue Account and the Housing General Fund.
The team currently comprises a mix of residential valuers and commercial officers. There is a need to train and support new staff and to plan for the future with regards to the development of valuation and surveying staff.
The purpose of this job is to manage PCC assets cost-effectively and uphold quality tenant relationships. This includes:
- Leading and carrying out property and land valuations for a range of residential and non-residential properties in a portfolio worth over £2billion. This includes Red Book style valuations, Right-to-Buy valuations, buy-back valuations, development appraisals and valuations for financial statements
- Negotiation of complex leases, property sales and resolving management issues with leaseholders and tenants
- Dealing with complex leasehold disposals, sales and reviews which create income for PCC
- Providing expert and specialist surveying advice across the portfolio of PCC assets
- Managing and advising on acquisitions, disposals and lease restructures, including the day-to-day management of the portfolio. This includes lettings, lease renewals, rent reviews and various landlord and tenant work
- Undertaking the business-critical annual statutory valuation of the HRA housing stock in accordance with legislative guidelines.
Aspects of the role require someone recognised as an expert in their field. The role has a major influence on policy, strategy and operational matters. It is expected that recommendations about strategic objectives will be made.
The role works with a range of internal and external stakeholders. Internally you may be working with colleagues in commercial property, leasehold services, the planning department and legal services. Externally you may work with external partners, commercial organisations and other local authorities.
Who is the Person?
You need to:
- Have experience of working in a complex, large scale organisation
- Be able to balance the professional role with the line management responsibilities for the team.
- Be a professionally qualified residential/commercial valuation surveyor, with MRICS status or an experienced Associate of the Royal Institute of Chartered Surveyors. RICS Residential Building Survey and Valuation qualifications are essential along with the ability to work across general practice surveying fields.
- Have experience of managing a large property portfolio and undertaking annual statutory asset and stock valuations is essential.
The role requires experience and knowledge of:
- building pathology and dilapidations
- building and land management
- professional measurement methods
- property and planning legislation
- various complex RICS approved valuation methods
- Right to Buy best practice and current legislation
- property types and constructions (including historic, listed, non-traditional and modern builds)
You will be comfortable working autonomously and exercising your professional judgement in making decisions. You will have experience of doing this in sensitive situations and working with other specialist colleagues, for example in legal and housing teams.
You will have experience of writing complex reports and presenting them to senior managers, elected members and commercial partners. You will also need to have an understanding of stock valuations is essential as this is a high profile task.
You will be proficient in using IT systems including Microsoft Office applications, property management systems and Geographic Information Systems.
You will be supported to maintain your CPD and to meet PCC and RICS requirements and legislation.
What you’ll get in return
As well as highly competitive pay you’ll receive all the benefits of working within a local authority organisation, which ranges from flexible working hours to a fantastic pension which allows you the opportunity to pay in more for that greater return. We wish to support all our staffs development throughout, if that’s progression planning or involvement within the on the job apprenticeship scheme we will work together to drive your career. For those with families we have child care benefits as well as discounts with local businesses which can be enjoyed by all.
Closing time/date, 17:00, on the 1st November 2021
Applications received after this may not be considered
Interview process: 9th November 2021
When completing the application form, please thoroughly tailor your application to the ‘Who is the Person’ points with the use of examples from your experience. This is really important or you are likely not to be shortlisted. The full job profile is attached.