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Home Report - Edinburgh Prime Property

Home Report - Edinburgh Prime Property

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How will the home owner pay<br />

for the <strong>Home</strong> <strong>Report</strong>?<br />

This depends on the agreement between<br />

the owner and the chartered surveyor or the<br />

agreement with the company they ask to<br />

compile the <strong>Home</strong> <strong>Report</strong> for them (if any).<br />

Does the <strong>Home</strong> <strong>Report</strong> have<br />

a ‘use-by’ date once the home<br />

is on the market?<br />

There is no set ‘shelf life’ or ‘use by date’ of<br />

a property’s <strong>Home</strong> <strong>Report</strong> but home owners<br />

should take advice from a chartered surveyor if<br />

their property takes a long time to sell as it may<br />

need ‘refreshing’. Even a cold winter can have<br />

an effect on your home’s condition.<br />

If after the <strong>Home</strong> <strong>Report</strong> is compiled, your<br />

property suffers from the effects of a flood or<br />

fire or other damage, you should consult your<br />

chartered surveyor immediately as the single<br />

survey and valuation will need to be updated.<br />

How far in advance of a home<br />

being marketed for sale can a<br />

<strong>Home</strong> <strong>Report</strong> be compiled?<br />

By law, the <strong>Home</strong> <strong>Report</strong> documents can be<br />

no more than 12 weeks old when the property<br />

is put on the market for sale.<br />

If I buy a property which has a <strong>Home</strong> <strong>Report</strong> and sell that<br />

same property soon afterwards, do I have to get another<br />

<strong>Home</strong> <strong>Report</strong> done?<br />

Yes. A new <strong>Home</strong> <strong>Report</strong> has to be arranged each time a property is put on the market for sale.<br />

8 <strong>Home</strong> <strong>Report</strong>

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