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Home Reports 'inflate Prices By 20%'

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HOME Reports have helped mask the true slump in property values during the recession, experts have claimed.

The "inexact science" of property valuation required under the new system has skewed the Scottish

residential market by as much as 20 per cent, an industry roundtable event was told.

Sellers choosing the top of a range of valuations, which can be tens or even hundreds of thousands

of pounds apart depending on the individual surveyor, may have kept house prices in Scotland inflated,

despite historically low numbers of transactions and a continued dearth of mortgages available to home buyers.


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How did this appear in the Jocksman !! The editors must be on their summer holidays. I am not actually kidding here...

Strange isnt it? :)

It also exposes all the 'Special Offer - £x below Home Report Valuation' descriptions on the ESPC as being total crap too.

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