How Long Does a Home Report Last?
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A Home Report is a pack of documents given to prospective buyers that detail a property’s condition, energy efficiency and other important information. It is split into three parts, which are:
Home Reports are only applicable to Scottish properties and are equivalent to the Level 2 survey in other parts of the UK. Sellers are legally required to hire a RICS surveyor to conduct the inspection and publish the report. It is not the same as a Level 3 Survey in the UK which is more comprehensive and tailored to older or unconventional properties.
Unlike other parts of the UK, the Home Report is arranged by the seller before the property is put on the market. It is also made available to all prospective buyers before they commit to a house purchase.
The Single Survey contains a detailed report of the property's condition and an accurate market valuation.
Your surveyor will inspect the interior and exterior of the property, providing a condition rating for individual elements, including the walls, floors, and doors.
They’ll also provide comments on the electrical, heating, and plumbing systems and offer maintenance advice.
Condition ratings make the report accessible and easy for buyers to identify urgent repairs. The ratings are as follows:
The Energy Report is carried out by your surveyor and looks into the property's energy efficiency and includes an up-to-date Energy Performance Certificate (EPC).
The EPC provides a grade A-G, with an A grade meaning the property has low running costs and high efficiency, while a G grade indicates high running costs and is harmful to the environment.
The Property Questionnaire is the only portion of the Home Report that is completed by the seller.
All questions must be answered honestly, providing detailed information on any renovations or extensions, planning permissions, and current utility providers, as well as Council Tax documents.
If you are selling a leasehold property, you'll be required to submit service charge information.
A Home Report costs between £300 and £550, based on the average house price in Scotland of £197,000. Exact costs vary depending on the size of the home and the surveyor used.
If the report is over 12 weeks old, you will be charged around £150 to update the property's valuation. Failure to provide a Home Report will incur a penalty of up to £500.
Answers to common questions about finding and choosing the best surveyors for home reports.
Local Knowledge
Some surveyors specialise in their local area, while others cover larger regions.
Choosing a local surveyor is beneficial as they work in the area daily and have an idea of common issues to look out for.
Previous Experience
The Home Report is the only survey type available in Scotland, unlike other parts of the UK that have specialist surveys for older and listed buildings.
If you are purchasing a property that is older than 100 years, it’s best to choose a surveyor with prior experience surveying historical properties.
Reviews and Recommendations
Make sure to review surveyors before proceeding. Read online reviews to get an unbiased perspective of the surveyor’s past performance.
You can also ask family and friends for recommendations if they have moved recently. Your solicitor or estate agent may recommend a surveyor, but keep in mind that they may receive commission if you hire them.
In Scotland, you need to have a Home Report completed before listing the property for sale. It is against the law to sell your home without one, and failure to do so will result in a fine.
Once the report is complete, they have 12 weeks to put the home on the market.
Buyers must be given a copy of the Home Report within nine days of asking for it.
Read more on how long a Home Report takes.
