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What is a Home Report? Understanding Home Reports in Scotland
Manage episode 441468911 series 3595375
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In this week's episode of ESPC's First-timers Club we are talking about Home Reports. Megan is joined by Kirsten Nicolson, a Director at DM Hall.
In Scotland, it is a legal requirement for sellers to have a Home Report for their property. This allows prospective buyers the chance to find out more about the structural condition of the home and alerts them to any issues that they face if they were to purchase the property.
During this episode Kirsten explains what a Home Report includes, how to read it and what first-time buyers should look out for.
CHAPTERS:
0:00-0:44 Intro
0:44-3:34 What is a Home Report in Scotland?
3:34-4:40 What should you look out for in a survey?
4:40-5:33 What is a non-traditional property?
5:33-6:00 Other things to take note of
6:00-8:43 What do category 1,2 & 3 repairs mean?
8:43-9:45 What does an EPC rating tell a buyer about a property?
9:45-11:19 Does a Home Report negate the need for additional surveys?
11:19-12:01 Who pays for a Home Report?
12:01-13:08 Advice for first-time buyers reading Home Reports
Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on marketing@espc.com or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening!
To find out more about ESPC and our solicitor estate agent member firms, you can head to our website.
Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T
ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.
Luvut
1. Intro (00:00:00)
2. What is a Home Report in Scotland? (00:00:44)
3. What should you look out for in a survey? (00:03:34)
4. What is a non-traditional property? (00:04:40)
5. Other things to take note of (00:05:33)
6. What do category 1,2 & 3 repairs mean? (00:06:00)
7. What does an EPC rating tell a buyer about a property? (00:08:43)
8. Does a Home Report negate the need for additional surveys? (00:09:45)
9. Who pays for a Home Report? (00:11:19)
10. Advice for first-time buyers reading Home Reports (00:12:01)
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