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HOW LONG DOES A HOME REPORT LAST?Help and guidance about the expiry on a home report in Scotland.
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.
There is no official ‘expiry date’ of the Home Report in Scotland once the property is 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 Home Report carried out. It is important to potential buyers that the information in all 3 of the documents within the Home Report are up to date, accurate and reflect true likeness of what is on offer.
If a property has been on the market for a longer than average period, often a potential buyer will request that the survey is refreshed. In this instance, it is up to the buyer and seller to agree on who pays for the refresh survey to be carried out. The cost of the refresh is normally not the full amount of a Home Report, the charge for a refresh can be determined by the surveyor or Home Report company carried out the service.
It is also possible that the property for sale can be taken off the market for up to 4 weeks, then put back on the market without having to have a new Home Report carried out.
If you are looking to sell your property, the first thing you’ll need is a Home Report. We are RICS Charted Surveyors specialising in Home Reports across Scotland from as little as £85. Get in touch today to arrange a time to suit you. We offer early morning or evening and weekend appointments. Call us on 0131 608 0175 or email us at firstname.lastname@example.org
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Author: Andrew McKenzie