Home Report Scotland How Long Does It Last
If you find a home you re interested in buying and are happy with its home report tell your solicitor.
Home report scotland how long does it last. The documents within the home report must not be any older than 12 weeks old at the time that your property goes on the market. However if the property is for sale for a long period of time many sellers opt to have a refresh of the. If a house has been removed from the market for over four weeks before it is put up for sale again or the report was conducted over 12 weeks before the house is put on the market a new scottish home report will need to be completed. As the sale of a home to a tenant under the right to buy does not involve marketing the duty to provide a home report does not apply.
This will give you time to arrange your finances so you can buy it. Once your home is on the market there is no official expiry date for the home report. We are working with the home report implementation group to consider the review s findings. The cost of a home report will often vary but it can be anywhere between 350 and 400 for an average priced house of between 100 000 and 200 000.
How much does a home report cost in scotland. We carried out a review of the home report to look at how it worked in its first five years. If a home has been on the market for more than 12 weeks potential buyers may need to instruct a surveyor. Seasonal and holiday accommodation this exception refers to seasonal and holiday accommodation as defined in planning legislation which only has permission to be used for less than 11 months in any year.
How long does a home report last. If a number of people note their interest the seller will set a closing date for offers to be made. How long does a home report last. If it s public knowledge the house is for sale it should have a home report.
Some surveyors may also provide a mortgage valuation report which will be useful. Mygov scot is the place for people in scotland to access public services that are easy to find and simple to use. What is in a home report. The documents in the home report must be no more than 12 weeks old when you put your property on the market.
The home report does not have a prescribed shelf life specifying how long it is valid although it must be no more than 12 weeks old when the property goes on the market. There is no official expiry date of the home report in scotland once the property is on the market. The basic home report includes a property questionnaire a single survey and an energy report which includes an energy performance certificate epc. Find answers to some frequently asked questions regarding home reports in scotland including how much they cost and who needs to get one.
If you find a home you re interested in ask the seller or their solicitor or estate agent for a home report. Your solicitor will then formally note your interest with the seller.