People

William Arkell

Partner

Location
London (West End)

Contact William
T: +44 (0)20 7333 6381
E: warkell@geraldeve.com

William is a Partner in our Alternative Markets department and is a RICS Registered Valuer. His expertise is in valuation and property taxation including all rating issues, advising clients in the education, healthcare and local authority sectors. He has particular expertise in application of the Depreciated Replacement Cost and Contractors methods of valuation for specialised properties.

Specific experience

Providing strategic rating advice and consultancy to numerous universities and colleges, including Durham University, University of Cambridge, University of Essex, University of Leeds, University of Southampton, University of East Anglia amongst others. The work involves negotiating favourable settlements with the Valuation Office Agency, pursuing empty rates mitigation strategies and providing rates liability estimates.

Will provided in-depth  consultancy advice to the University of Leeds on the Valuation Office Agency’s (VOA) disaggregation of the main campus assessment into multiple assessments to reflect the Supreme Court ruling in Woolway vs Mazars, helping to minimise the damage caused by their actions.

Will was heavily involved in negotiating and settling the Universities Memorandum of Agreement for the 2010 Revaluation which involved analysing over 200 University new building projects to obtain primary build cost evidence.  He is currently negotiating with the VOA on the Universities scheme for the 2017 Revaluation, which has already achieved a 10-15% reduction in the draft list entries for University contractors assessments.

Will has valued over £3 billion of University assets in the last few years many as part of the transition in accounting standards from UK GAAP to FRS 102. Universities that Will has valued include: University of Cambridge, University of Ulster University of Sheffield, University of Surrey, University of East Anglia, University of Essex, University of Greenwich, University of Ulster, Cranfield University & Kings College London.

Will has undertaken IFRS compliant valuations on a Fair Value basis for many NHS Trusts and NHS Foundation Trusts.

Advising the University of Cambridge, University of Surrey, National Maritime Museum, Downing College and various specialised properties on the provision of reinstatement cost assessments.