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Blog Description:

A blog which provides hints and tips and valuable resources about home reports in Scotland. Home reports are mandatory in Scotland when selling your property. The blog discusses all aspects of selling your home and is a valuable resource.
Blog Added: March 07, 2018 11:34:23 AM
Annual Regular Membership: 1 Year Term 2019-03-07 11:34:23 (290 days left)
Audience Rating: General Audience
Blog Platform: WordPress
Blog Country: United-Kingdom   United-Kingdom
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Total Visits: 3,096
Blog Rating: 3.00
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How long does a home report last?

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,... The post How long does a home report last? appeared first on Home Report...

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 info@homereportcompany.co.uk

 

The post How long does a home report last? appeared first on Home Report Company.



Garden Make-Over: Transform Your Outdoor Space

Now that the days are getting longer, the nights lighter and the weather is improving, it’s the perfect time to start your garden make-over. No matter what damage has been caused by the harsh winter and frequent days of snow, it’s not too late to... The post Garden Make-Over: Transform Your Outdoor Space appeared first on Home Report...

Now that the days are getting longer, the nights lighter and the weather is improving, it’s the perfect time to start your garden make-over.

No matter what damage has been caused by the harsh winter and frequent days of snow, it’s not too late to give your garden a make-over with our handy tips below. Start sorting your garden out now and your efforts will pay off come summer when you can enjoy showing off a beautiful, colourful landscape.

Enhance the boundaries

Have a look outside and decide if you like the current view, what would potential buyers think? Walls and fences are the same height in a tiny garden as a large one, so their importance increases as the size of the garden decreases. If all you can see are exposed fences, now is the perfect time to do something to change the appearance.

Consider planting some structural evergreens towards the back of the border, so that as they mature, they’ll hide the boundary fence.

Use plants such as Fargesia murieliae, Daphne odora ‘Aureomarginata’, Ribes laurifolium, Viburnum tinus ‘Gwenllian’, Ilex × altaclerensis ‘Golden King’ and Itea ilicifolia. More information on these can be found here.

Plant some clematis between these shrubs, and they will intertwine creating a soft boundary, edging the garden with summer colour and interest all year round.

If there is any unsightly concrete or brick work, think about having it rendered and painted in a light, welcoming new shade of masonry paint. Think carefully about the colour and choose a few climbing plants with flowers and foliage that will complement the new wall. For ideas on design, there are good Facebook pages such as ‘DIY on a budget’ where people share suggestions on home and garden revamps which don’t cost the earth!

Create screens to block overlooking neighbours

If any of your rooms or outdoor garden space is overlooked by the next-door neighbours, consider planting a row of trees along the boundary to block out their view. Choose narrow, trees for privacy such as

  • Bamboo Trees and Hedge (Phyllostachys)
  • Cotoneaster Tree (Cornubia)
  • Holly Trees (Ilex)
  • Hornbeam Trees (Carpinus Betulus)
  • Laurel Trees (Prunus)
  • Leylandii Trees (Cypress )
  • Magnolia Trees.
  • Oak Trees (Quercus)

Think about the gardens purpose

Consider the main use of the garden or think about what potential buyers might find appealing. If it is primarily a space to sit, relax and entertain friends, consider re-arranging to create an enlarged seating/BBQ area. Keep paving simple and mix slabs with gravel or stone chippings to keep costs down.

Revamp tired garden furniture

Your garden furniture might be looking a bit shabby, but don’t give up on it just yet. It can take just one afternoon to transform it from lacklustre to lovely. It’s satisfying and simple to do, and means you don’t need to splash out on anything new, potentially saving yourself hundreds of pounds. Try rubbing it down and applying a coat of paint. Select a colour that will fit in with the colour of the planting around the sitting area.

Perk up your patio

A patio area will also induce visualisations of informal gatherings in the sunshine for barbeques and drinks. If you have a flat with a garden that you think is more likely to appeal to young professionals or older buyers try to give the impression of the garden becoming another room. Table and chairs positioned to catch the sun, staged with a bottle of wine and two glasses will very quickly highlight the brilliant times that could be had here. Containers on patios or decking also enhance a space quickly and easily, providing an aesthetically pleasing but easy to care for garden.

Pull up any weeds that are growing up between slabs. Fill window boxes with colourful flowers, such as lobelia, violets or pansies. These can be bought cheaply from garden centres or supermarkets and flower for most of the summer months. They are ideal for hanging baskets too.

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 info@homereportcompany.co.uk

You may also be interested in When is the best time to sell your home?

The post Garden Make-Over: Transform Your Outdoor Space appeared first on Home Report Company.



How Much Does It Cost For a Home Report?

There is no set-in-stone answer to this question and it very much depends on a number of contributing factors, including value and location of the property for sale. When checking out quotes for a home report, it is important to consider the following: Are the... The post How Much Does It Cost For a Home Report? appeared first on Home Report...

There is no set-in-stone answer to this question and it very much depends on a number of contributing factors, including value and location of the property for sale.

When checking out quotes for a home report, it is important to consider the following:

  • Are the firm or individual surveyor is regulated by RICS (Royal Institution of Chartered Surveyors)?
  • Does the surveyor carrying out the Home Report has a good knowledge of the local area?

If you can answer yes to the above criteria, then you have certainly chosen a surveyor who has the appropriate experience and knowledge to carry out your home report.

The cost for a home report can vary so much as it will for most products and services. It will also vary depending on the location of the property as the surveyor will usually quote based on a number of factors such as the time taken to travel to the property, the time taken to inspect the property, the value of the property and the time taken to create and prepare the Home Report Document. Generally speaking, the cost of the Home Report will be higher if the property is in an extremely remote area, large, old, and of high value. The cost of a home report on a fairly close by, small, new, lower value property will be significantly less.

For a more accurate quote, complete the form and we’ll get back to you asap with a personalised quote or call us on 0131 608 0175.

The post How Much Does It Cost For a Home Report? appeared first on Home Report Company.



Scottish House Price Rise Drives Strong Property Market

House Prices Growth Has Remained Steady Since January 2017 Estate agents report that the Scottish property market is at its strongest point for more than a decade following official figures revealing that the price of an average house increased by £10,000 in 2017. A report... The post Scottish House Price Rise Drives Strong Property Market appeared first on Home Report...

House Prices Growth Has Remained Steady Since January 2017

Estate agents report that the Scottish property market is at its strongest point for more than a decade following official figures revealing that the price of an average house increased by £10,000 in 2017.

A report from Registers of Scotland discovered that the average price of a property in Scotland rose by 7.3% since January 2017, now standing at £148,512.

This means that the rate at which Scottish house prices have grown, has surpassed the rest of the UK where property values increased by slightly less than 5% over the same period, falling slightly as we entered 2018.

The growth that we have seen has been driven by the continued need for new homes, a higher number of buyers, with the lack of supply available in the market. Most homes that are on the market for sale in sought after areas, are selling fast for often well above their asking price.

Janet Egdell the Registers of Scotland Operations Director and Accountable Officer says: “Average prices in Scotland continued their upward trend in January [and] have been steadily increasing each month since March 2016. The cumulative volume of sales for Scotland for the financial year to date – from April to November 2017 – was 72,842. This is an increase of 7.9 per cent on the equivalent year to date position for November 2016.”

The most significant house price increases were seen in East and West Lothian, where average prices rose by 13.9% to £219,393 and 13.3% to £156,149 respectively.

Both of these areas have recently benefitted from large-scale housebuilding and are firmly in the appealing commuter belt for Edinburgh.

Across Scotland, all property types showed an increase in average price in January 2018 when compared with the same period year on year.

Detached properties saw the most significant increase, increasing by 8.6% to £261,291. The average price of flats saw an increase of 5.6% to £105,590, the lowest increase of all property types.

The average house price for a property purchased by a first-time buyer in January 2018 was £119,174, which was an increase of 6.5% compared with the same period in 2017.

Traditionally, we have experienced levels of house price growth in Scotland lagging behind other regions, but it seems to have now picked up thanks to the strength of the economies in the cities.

The continued lack of supply in the city hotspots has been driving up house prices. We have seen the same trend across Edinburgh, Glasgow and Aberdeen.

Buyers are recognising the brilliant value in the Scottish housing market and the great quality of life which can be found here, meaning that most properties on the market are seeing very fast selling times.

Looking at the whole of the UK, average house prices were £226,000, showing a 4.9% rise year on year according to stats produced by the Office for National Statistics (ONS).

In England, house prices increased by 4.6% over the year to January, with the average price now £242,000.

Wales saw house prices rise by 4.5% over the past 12-month period to stand at £153,000.

Senior economist at PwC (Richard Snook), said: “Regional trends, which can be volatile, show a mixed picture. We are expecting UK-wide house price inflation of around 4 per cent in 2018.”

So, all in all, good news for the Scottish economy. The housing market has enjoyed good growth across 2017 and we’re now welcoming it catch up with the rest of the UK.

What’s Next?

If you’re looking to get your selling 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 info@homereportcompany.co.uk.

The post Scottish House Price Rise Drives Strong Property Market appeared first on Home Report Company.



When is the best time to sell a home?

One of the most commonly asked questions is “when is the best time to sell a home?” Each home, neighbourhood and environmental influences are different, so it may vary. Have a read of our guide below to find out when might be best for you... The post When is the best time to sell a home? appeared first on Home Report...

One of the most commonly asked questions is “when is the best time to sell a home?” Each home, neighbourhood and environmental influences are different, so it may vary. Have a read of our guide below to find out when might be best for you to get your property on the market:

When is the best time of year to sell?

Spring always seems to be the most common answer and certainly seems to be the time where we see most properties coming onto the market. This is probably because it’s a time of year when most people are at home and can focus on the sale, as opposed to other periods such as Christmas or Summer holidays where both sellers and buyers may be pre-occupied.

One of the other great things about selling in spring, is that your property will look great when the sun is shining and the garden is beginning to bloom.

Summer

Summer is not the best time of year to sell. Many people will be away over the summer, on holiday or visiting friends or family. It may also be harder for potential viewers to find child care during the school holidays. However, it does have its advantages; the evenings are lighter longer for viewings, and your garden will look its best. Your property will look good in photographs, if you have a nice sunny day when the photographer comes.

Autumn

The weather is still mild in the Autumn and the light is good, so it can be a good time of year to sell your home. There’s no major holidays at this time so most people are around at this time of year. However, bear in mind that come October, the market tends to take a bit of a lull so be prepared to move fast if you have a buyer interested.

Winter

Houses do sell in winter, but it may be difficult in the lead up to Christmas as families prepare for the festive activities. A lot does depend though on who your target market is. If you are selling a one bedroom flat, it may sell more quickly than a family home at this time of year if people are looking to move quickly or not hosting over the festive period. If you are not going to be ready in time to get your home on the market before Christmas, it might be best to hang off until January.

Other things to bear in mind

Check with your local council if there is any work scheduled to be carried out nearby. You don’t want to be selling your house with major road or building works going in the close vicinity.

If your property is not ready to go on the market – simply hang off. You want to be able to move quickly if you have a buyer interested and by advertising before making your home look its best, you’re setting yourself up to fail.  You don’t need to spend thousands on renovations or huge projects to improve the saleability, but simple things that will improve the aesthetics such as a fresh coat of paint or cleaning carpets. If you are thinking of selling over the coming months, see our tips on selling your property in spring.

If you hear the market is picking up, even near Christmas or the height of summer, don’t necessarily jump to get your house on the market if it’s not ready. You want to sell fast. The longer your home is on the market, the less appealing it may become to buyers as they’ll be suspicious of why it’s taking so long to sell.

If you are desperate to sell or due to circumstances you need to list your property for sale now, don’t hold back, but be realistic. If you decide to sell at a time when demand is low, you may have to consider a lower asking price and be flexible with potential buyers.

If you’re looking to get your selling 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 info@homereportcompany.co.uk

 

The post When is the best time to sell a home? appeared first on Home Report Company.



Selling Your House in Scotland

Check out our step by step guide on what you need to do if you’re thinking of selling your house. Arrange a Property Valuation Your chosen solicitor or estate agents will be able to give you a rough guide on how much your property might... The post Selling Your House in Scotland appeared first on Home Report...

Check out our step by step guide on what you need to do if you’re thinking of selling your house.

Arrange a Property Valuation

Your chosen solicitor or estate agents will be able to give you a rough guide on how much your property might be worth. They’ll do this by checking various aspects such as recently sold prices of like for like properties in the same area, economic indicators, location of the property, for example if you live in a prime location, you will be expected to pay a higher price.

Other factors which could influence the property value include proximity to local transport, size and design, age of the property, condition of the property, kerb appeal, view, and scope for improvements/remodelling.

Work Out the Costs Involved of Moving

Figure out what the costs are likely to be to move to a new house. Consider estate agency fees, legal fees, removals and any other associated costs such as short term storage or temporary accommodation if you sell before you buy. Plan your budget upfront so you’re not left with any unexpected costs further down the line.

Arrange a Home Report

All properties for sale in Scotland must be marketed with a Home Report, it is a legal requirement.

The Home Report is a pack of three documents (single survey/energy performance certificate/property questionnaire) which provides potential buyers with a clear picture of the condition of the property for sale. The property questionnaire is completed by the current owner and includes information that only they would know such as council tax band, bin/recycling days, communal factoring costs etc.

Instruct a Solicitor

You’ll need a solicitor to carry out the conyancing part of the sale of your property. This is the legal paper work which transfers ownership between one party and another. Some estate agents (if you’re using one) will offer this service if they have in-house conveyancer’s but, in most instances, you would need to instruct a solicitor.

Decide on an Asking Price

You should advertise your property as ‘fixed price’, ‘offers over’ or ‘offers around’.

‘Fixed price’ means the property is sold to the first person to offer the advertised price. ‘Offers over’ means you sell to the highest bidder. ‘Offers around’ indicates that you’re willing to negotiate.

If you are looking for a quick sale, you may wish to set your asking price at a ‘fixed price’, however, if you’re looking for the best possible price you should consider marketing at ‘offers over’.

Marketing Your Property

If you have gone down the estate agency route to sell your property, they will market your property for you. You’ll have various options where you’d like prospective buyers to see your property i.e. offline/online.

Nowadays, most people use the internet to browse properties for sale, so for the best chance of your home being seen, you want to visible on all the most relevant online portals such as Rightmove, Zoopla, ESPC. You will be charged according to the package you select. If you wish your property to stand out, you can often pay a little more for a ‘limelight’ listing. If you have extra budget in your pot for selling, you could consider extras such as video tours of the property and don’t forget to use your own social media channels to share your property.

Prepare for Viewings

Your property is now on the market and you are ready to have potential buyers view your home. First impressions count, so check out our guide for getting the most out of viewings.

You can either show people the property yourself or you can arrange for your estate agents to do this for you. If ask your agent to do it, they will ask viewers for feedback on which you should act upon to improve the viewing experience for other potential buyers.

Receive and Negotiate an Offer

Your estate agent or solicitor (acting agent) will be on-hand to negotiate when offers start coming in. They’ll advise you on market conditions and help make sure you get the best possible price for your property.

Conveyancing

Conveyancing is the transfer of legal title of real property from one person to another. Your solicitor will deal with this step and keep you in the loop.

Your Sale Completes

When the legal work/conveyancing has been completed, the sale of the property is completed on the agreed Date of Entry.  The seller’s solicitor receives the money for the sale and the keys are handed-over to the buyer. After this, some further paperwork has to be done by the seller’s solicitor before they transfer the financial proceeds of the sale to you, the seller.

If you’re looking to get your selling your property in January, 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 info@homereportcompany.co.uk

You may also be interested in When is the best time to sell your home?

The post Selling Your House in Scotland appeared first on Home Report Company.



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