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Ended up getting more money than promised
As the company were buying our property direct and advised us that they now had a cheaper funding option they offered us a better deal and we were then able to achieve a higher sale price for our flat. We didn't live in Edinburgh so selling direct made life so much easier as our tenants were able to stay on and we got rent right up to do of sale
, Edinburgh Jul 19, 2012

What is a Home Report?

What is a Home Report?

So you’ve decided it’s time to sell your home and put it on the market. You will have to provide a Home Report for potential buyers to view. So what is a Home Report?

A Home Report is a pack put together simply to help a buyer find out more information on a property and it is essential that you have one. The Royal Institution of Chartered Surveyors (RICS) in Scotland has confirmed that Home Reports will cost between £585 and £820. The cost will depend on the size of your home and the surveyor you decide to use.

We would cover the costs of your Home Report and Legal Fees when buying your property.


What is a Home Report?

The Home Report contains a single survey, an energy report and a property questionnaire.


Single Survey:

The Single Survey gives sellers detailed information about the condition and value of a property. It also gives buyers better information about the condition and value of a home to aid them in making an offer to purchase.

The Single Survey includes an accessibility audit. Scotland is the first country to require that the accessible features of every home for sale are highlighted to potential buyers. This information will benefit parents with young children and older people, as well as disabled people.

What is a home report?

Energy Report:

The Energy Report gives a home’s energy efficiency rating and its environmental impact in terms of carbon dioxide emissions. It recommends ways to improve the building’s energy efficiency and save fuel costs.

Insulation, windows and boiler efficiency are all important to the Energy Report.

Property Questionnaire:

The Property Questionnaire contains general information for home buyers.

It would include, for example: a home’s council tax band, parking facilities, factoring arrangements, any local authority notices that affect it and alterations that have been made to the home.The Property Questionnaire should also reduce the risk of delay and difficulties in conveyancing.


What is a Home Report?

Although helpful to prospective buyers a Home Report is a significant cost to pay. When we buy property we bare that cost as well as your legal fees – saving you a considerable outlay compared to selling through an Estate Agent.

Feel free to contact us for a chat about how we can purchase property quickly and hassle free.