Home Reports – What are they?
Home Reports have been introduced by the Scottish Government in an effort to provide buyers and sellers with better information about the condition and value of properties in Scotland.
The Home Report has three elements:
1. The Single Survey is carried out by a surveyor and it provides an assessment of the value and condition of the home. This will enable buyers to make an informed decision prior to making an initial offer to purchase.
2. The Energy Report is also carried out by a surveyor and it provides each home with a rating for energy efficiency and environmental impact in terms of carbon emissions. The report will also recommend energy efficiency mechanisms and ways to save on fuel costs.
3. The Property Questionnaire is completed by the seller and contains information for buyers, solicitors and surveyors. It will include information about:
- Council tax band
- Parking facilities
- Factoring arrangements
- Any local authority notices that affect the property
- Details of alterations that have been made to the property
Do I need a Home Report?
As of 1 December 2008 all newly marketed properties in Scotland required a Home Report. If you are selling a property that does not fall into one of excepted categories you will need to have a completed Home Report before your property can be marketed for sale.
There are some exceptions where a home report will not be needed. We will be able to advise you accordingly.
For more information on home reports in Scotland, contact our Property Team.
