Navigating Scotland's Home Report system is essential for both buyers and sellers to ensure a smooth property transaction. Introduced in 2008, the Home Report provides comprehensive information about a property, promoting transparency and informed decision-making.  

What is a Home Report? 

A Home Report is a mandatory document that sellers must provide when marketing a property in Scotland. It comprises three key components: 

• Single survey: Conducted by a chartered surveyor, this survey assesses the property's condition, provides a valuation, and highlights any necessary repairs.  
• Energy report: This report includes an Energy Performance Certificate (EPC), detailing the property's energy efficiency and environmental impact, along with recommendations for improvements.  
• Property questionnaire: Completed by the seller, this questionnaire offers information on council tax bands, past alterations, and other pertinent details.  

Guidance for sellers 

• Commissioning the Home Report: Before listing your property, engage a qualified surveyor to prepare the Home Report. Ensure all sections are completed accurately, as this information is crucial for prospective buyers.  
• Transparency: Provide honest and comprehensive details in the property questionnaire to prevent potential legal issues during the sale process. 
• Marketing: Once the Home Report is ready, make it available to interested parties within nine days of their request. Failure to do so can lead to enforcement action by local trading standards services.

Guidance for buyers 

• Requesting the Home Report: When considering a property, ask the seller or their agent for the Home Report. They are legally obligated to provide it within nine days.  
• Reviewing the Single Survey: Pay close attention to the property's condition and any highlighted repairs. If repairs are marked as urgent or needing future attention, consider obtaining estimates to understand potential costs.  
• Assessing the Energy Report: Evaluate the energy efficiency rating and consider the implications for future utility costs. Recommendations for improvements can offer insights into potential upgrades. 
• Examining the Property Questionnaire: This section provides valuable information about council tax bands, past damages, and alterations. Ensure there are no discrepancies or undisclosed issues.

Exceptions 

Certain properties are exempt from requiring a Home Report, including: 

• New homes sold off-plan or to the first occupier. 
• Newly converted properties not previously used in their current form. 
• Dual-use properties used for both residential and non-residential purposes. 
• Seasonal and holiday accommodation. 

In such cases, while a full Home Report may not be necessary, an Energy Performance Certificate is still required.  

Move with confidence  

Understanding and effectively utilising the Home Report system ensures that both buyers and sellers can engage in property transactions with confidence, armed with comprehensive and accurate information. 

Thinking of buying or selling in Scotland? Contact us for guidance on a smooth transaction