Home Report - Edinburgh Prime Property

How much will a Home
Report cost?
For an average home such as a city centre
flat or a suburban house, with no major
problems, the single survey, valuation and
energy report with Energy Performance
Certificate will cost between £500 and £700
plus Vat. The home owner will arrange and
pay for a Home Report.
For a property in a remote area or with
several defects or a large house it will
probably cost more than this. For a small
one bedroom flat, it may cost less.
If, after the chartered surveyor has inspected
the property, but not yet written up the
single survey, the seller chooses not to use
the report, the seller is still liable to pay 80%
of the fee.
Once the chartered surveyor has written up
the single survey, the seller will have to pay
the full fee regardless of whether they choose
to use the report or not. This will discourage
sellers from ‘shopping around’ to find the
‘best’ survey and valuation for their property.
The property questionnaire aspect of the
Home Report will be filled out by the home
owner. However, if the home owner has
asked their selling agent to compile the
Home Report on their behalf, there may be
an added cost. Home owners should check
with their agent.
4 Home Report
“
You must have a fully completed Home Report
before putting your property on the market from
1 December 2008.
”