Thinking of selling your house in Scotland? Here’s a step-by-step guide to make your move that little bit easier. We not only look to save you money, we want to make the sale as smooth as possible.
Arranging a Home Report
As soon as you decide you want to move, the first step is to produce a Home Report. Without it you can’t put a property on the market, and a copy of the report should be provided to prospective buyers within nine days of them asking. The Home Report consists of four parts: a Single Survey, an Energy Report, a Property Questionnaire and a Mortgage Valuation. The Single Survey is an assessment of the structural condition of the property. The Energy Report provides an energy efficiency rating for the home and gives details of how well it is insulated, the type of heating and the level of emissions. The Property Questionnaire outlines key information about the property such as the council tax band, parking and any alterations that have been made. The Mortgage Valuation details the amount a lender is prepared to loan to a prospective buyer, which is either all or a percentage of the valuation price. Some companies offering cheap deals leave this out but it is crucial to the smooth sale of a property. Purplebricks can help with an RICS qualified surveyor who will provide a complete report. Charges start at £385 on a sliding scale depending on the size of the house. A Home Report is required within 12 weeks of the house going on the market and should contain the most up to date information about the property. It isn’t required for a new build or newly converted flats. The report is valid as long as the property is on the market, or there is a 28 day window if the property is withdrawn and then goes back on sale. A mortgage company can request a new valuation if the property is unsold after three months.
