Member Article

Vail Williams appoints property valuation associate

Property advisers, Vail Williams LLP, has appointed valuations adviser, Richard Sumner, as an associate to its office in Gatwick.

Richard has over 10 years’ experience working in the property industry and is a fully qualified Chartered Surveyor and Registered Valuer.

Specialising in residential property valuations and with experience of undertaking secured lending valuations for a variety of lenders, he joins the Gatwick office of Vail Williams from Arnold and Baldwin where he was a director.

Richard’s appointment comes at a time of significant growth for Vail Williams which recently announced increases in both turnover (8%) and operating profit (12%) for the year ending May 2018.

Peter Sudworth, regional managing partner (Gatwick), said: “We are pleased to welcome Richard to the team at what is an exciting time for the business. The last 12 months has seen us invest heavily as we continue on our three-year growth plan during which time we’ve experienced both organic and acquisitive growth.”

In 2018 Vail Williams merged with Solent-based property consultancy, Hughes Ellard and announced the acquisition of New Ballerino in Chertsey in December.

Richard Sumner commented: “I am delighted to be joining Vail Williams at such an exciting time of strategic expansion. The culture of listening, caring, innovating and leading is something which, together with their ambitions for the future, attracted me to join. I’m looking forward to gaining exposure to a greater variation in asset types and working with my new colleagues to increase market share in Kent and the surrounding areas.”

Richard has in-depth knowledge in valuations for a variety of purposes including secured lending, Capital Gains Tax, Inheritance Tax and as an Expert Witness for Court/Tribunal Proceedings.

He joins a team of over 20 valuation experts spread across the firm’s other offices in Birmingham, Heathrow, London, Portsmouth, Southampton, Reading and Woking.

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