It is a legal requirement to have a Home Report before marketing a home in Scotland. Gibson Kerr’s property lawyers can advise you on every aspect of the preparation of a Home Report.
A Home Report is made up of three elements:-
- A single survey
- An energy performance certificate
- A property questionnaire
The single survey and energy performance certificate are prepared by a chartered surveyor instructed on behalf of the seller. The single survey contains a valuation of your property and this helps guide the marketing strategy. We always recommend speaking to your solicitor first, before instructing a Home Report which is normally arranged by the seller’s solicitor.
The property questionnaire is completed by the seller, assisted by his or her solicitor, to provide helpful information to the purchaser. It contains information such as:-
- Council tax banding
- Parking arrangements
- Details of any shared costs
Cost of the Home Report
The cost of the Home Report is determined by the value of the property and we can advise in advance how much a Home Report for any given property is likely to cost. The Home Report must be made available to a prospective buyer on request and this is done by having a Home Report available online on the ESPC or Gibson Kerr’s website.