About Home Reports
About Home Reports > Receiving an Offer to Purchase
Once under offer, one free transcription report can be issued to the lender on behalf o fthe the purchaser by the surveyor. Written/electronic confirmation should be obtained for the surveyors records. At this stage the surveyor can discuss the property with the purchaser/solicitor/lender and can comment on reports. the surveyor cannot alter the value. However, if the surveyor is aware that the value is likely to have decreased significantly, the instruction for the transcript should be declined. If the lender requests a reinspection of the property for factors such as outiwith the timescale in their guidelines, the surveyor must decline the instruction.
No further inspection is allowed by the Single Survey surveyor. the surveyor must only review the value if further information comes to light such as specialist's/engineer's reports but not if only further comparable sales evidence is available. Depending on some lenders lending criteria and timescales taken to sell the property, the lender may choose to commission an independent valuation to be prepared by another surveyor.
The Home Report will have been withdrawn from the market at this stage.
Free Information & Advice about Home Reports
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The Single Survey gives sellers detailed information about the condition and value of a home before it is marketed for sale. It also gives buyers better information about the condition and value of a home before they make an offer to purchase.
The Single Survey includes an accessibility audit that will make Scotland the first country to require that the accessible features of every home for sale are highlighted to potential buyers. This information will benefit parents with young children and older people, as well as disabled people.
Click here to view an example of the single survey.
The Energy Report gives a home's energy efficiency rating and its environmental impact in terms of carbon dioxide emissions.
It recommends ways to improve the building's energy efficiency and gives contact details for further advice and information about how to make a home more energy efficient and save fuel costs. The Energy Report helps home buyers to make 'green' choices, by comparing energy costs between homes and giving practical advice to reduce carbon emissions and save on energy bills.
Click here to view an example of an energy report
The Property Questionnaire contains information for home buyers, solicitors and surveyors.
It would include, for example: a home's council tax band, parking facilities, factoring arrangements, any local authority notices that affect it and alterations that have been made to the home.
This information will be useful for buyers before they decide whether to submit an offer to purchase a home. The Property Questionnaire will also reduce the risk of delay and difficulties in conveyancing.