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Hi I've just signed up as I'm looking to sell my property.

Due to Home Reports now being required it is proving difficult. Had a well known estate agent who valued the property just £5k less than I would have liked, however it was still a good valuation since other agents are telling me I will make a loss in this market.

I was quoted £600 for the Home Report which I am not willing to pay, especially as there are no guarantees I will get a decent valuation for my home.

Does anyone have any recommendations for surveyors in order for me to arrange my own Home Report?

Many thanks

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The lower the valuation the more chance you may actually sell the place.

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Valuations are estimates.....if you have multiple people telling you its less than your expectation then you need to take notice of this. You might get the high side of the home report valuation but from what I've personally seen its very dependent on the individual property and location. Dont be expecting much in the way of O/O unless its very desirable.

Google is your friend....interestingly based on valuation(some say size) the cost goes up.......i'd think a local compmay will have a more accurate view of the valuation but that may or may not suit. Make sure you do some research yourself on zoopla etc so your expectations are in the right ballpark.

http://www.homereportscotland.co.uk/how-much-will-it-cost.aspx

Edited by abroad

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Sorry should have pointed out Im not in a rush to sell.

The only thing I worry about is if the valuation is too low then no-one will be willing pay over that.

I was thinking of selling the property online since Estate Agents are expensive and would sell at a fixed price.

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House prices are generally going down. So if you are in no rush to sell - even a 'low' valuation could become a 'high' valuation in very quickly. Hace a look at property bee for an idea of just how many people out there are 'chasing the market down'.

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House prices are generally going down. So if you are in no rush to sell - even a 'low' valuation could become a 'high' valuation in very quickly. Hace a look at property bee for an idea of just how many people out there are 'chasing the market down'.

Thanks, I will do

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If you're in 'no hurry to sell', what does that actually MEAN?

That you'll put your house on the market, and wait for people to offer you more after 9 mths or a year than they would in the first few weeks after it goes on the market?

What makes you think that someone will offer more the longer you're on the market? What happens if prices go down even further in the coming months? You would have been better off selling earlier, no?

It's not a case of being unwilling to pay over the HR valuation, it's a case of not being able to. The HR is given to the buyer's lender, and the lender uses this to determine what they'll lend. So unless the buyer has more than the minimum deposit required by the lender, they can't offer more than the lender's mortgage offer, which will be at a maximum of the HR valuation.

Do you want a recommendation for a surveyor who'll fix the valuation in the HR to suit your expectation? Or merely a surveyor who'll charge less than £600? Bear in mind that if you select a surveyor who isn't on the majority of the lenders' approved surveyor panels, you may find yourself paying for a second HR when your buyer's lender rejects your original .....

A 'good' valuation isn't necessarily the one that pleases you the most - it may well be the one that prices your home realistically and gets it sold. At least three (?) agents have told you that they expect your home to sell for at least £5k below your dream figure - hasn't that told you something?

Generally speaking, where are you? City? Rural? Highlands? Borders?

Edited by TTD

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I was thinking of selling the property online since Estate Agents are expensive and would sell at a fixed price.

Selling it online - where?

Every EA in the country has either their own website, membership of an SPC, access to one or more property portals or combinations of all.

Where would you place your property to get better exposure than these?

Edited by TTD

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I was quoted £600 for the Home Report which I am not willing to pay, especially as there are no guarantees I will get a decent valuation for my home.

That's life, I'm afraid.

In the same way as there's no guarantee that any buyer will make you a 'decent' offer for your home......

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I recently saw a Home Report which contained the phrase:

The property shows signs of longstanding movement. Within the confines of our inspection, this does not appear to be progressive and saleability should not be adversely affected. No specialist report is required in this instance.

However the structural movement category still managed to get a "1".

It's a cottage flat built in the 1930s, so I would imagine this is pretty common. However should I be steering well clear?

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I recently saw a Home Report which contained the phrase:

The property shows signs of longstanding movement. Within the confines of our inspection, this does not appear to be progressive and saleability should not be adversely affected. No specialist report is required in this instance.

However the structural movement category still managed to get a "1".

It's a cottage flat built in the 1930s, so I would imagine this is pretty common. However should I be steering well clear?

It was built in the 1930s, it settled a bit after it was built, but it's not doing so anymore based on what the surveyor can see. A more thorough inspection, where floorboards are lifted, etc. might show some different signs. What signs can you see of this movement?

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It was built in the 1930s, it settled a bit after it was built, but it's not doing so anymore based on what the surveyor can see. A more thorough inspection, where floorboards are lifted, etc. might show some different signs. What signs can you see of this movement?

I've viewed the place and it looks perfectly level to my untrained eyes. Might see if the vendor fancies stumping up for a structural survey (although I reckon they probably won't!).

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I've viewed the place and it looks perfectly level to my untrained eyes. Might see if the vendor fancies stumping up for a structural survey (although I reckon they probably won't!).

If it looks all straight and level after 80 years, it's probably OK, I would suggest.........

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If it looks all straight and level after 80 years, it's probably OK, I would suggest.........

Aye but you see my problem is that is "probably" good enough? £80k isn't much to pay for a home by a lot of peoples standards, but it is if it falls down a few weeks after moving in! (extreme example obviously...)

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If you're in 'no hurry to sell', what does that actually MEAN?

That you'll put your house on the market, and wait for people to offer you more after 9 mths or a year than they would in the first few weeks after it goes on the market?

What makes you think that someone will offer more the longer you're on the market? What happens if prices go down even further in the coming months? You would have been better off selling earlier, no?

It's not a case of being unwilling to pay over the HR valuation, it's a case of not being able to. The HR is given to the buyer's lender, and the lender uses this to determine what they'll lend. So unless the buyer has more than the minimum deposit required by the lender, they can't offer more than the lender's mortgage offer, which will be at a maximum of the HR valuation.

Do you want a recommendation for a surveyor who'll fix the valuation in the HR to suit your expectation? Or merely a surveyor who'll charge less than £600? Bear in mind that if you select a surveyor who isn't on the majority of the lenders' approved surveyor panels, you may find yourself paying for a second HR when your buyer's lender rejects your original .....

A 'good' valuation isn't necessarily the one that pleases you the most - it may well be the one that prices your home realistically and gets it sold. At least three (?) agents have told you that they expect your home to sell for at least £5k below your dream figure - hasn't that told you something?

Generally speaking, where are you? City? Rural? Highlands? Borders?

Not in a hurry to sell MEANS I'm not desperate to move right now. I am hoping to eventually move into a house to start a family (I'm in a flat just now) but whenever I view new properties I'm always asked if my property is on the market. Thought I would put it up for sale and If I'm offerered the asking price great, if not then no big deal.

I never said someone might offer more the longer its on the market. If prices do go down in the coming months there's not a lot I can do about that!

Agents listing my property £5k under my ideal price is fine but before you know it you've lost another few thousand when you take into account home report cost, marketing costs, 1.5% fee of final sale and solicitors costs.

I'm in the city and 2 flats in my block have sold for good prices so hoping mines will too.

I was basically looking for recommendations for surveyors who don't cost £600 but a colleague of mine has recommended a couple so I will contact them.

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Selling it online - where?

Every EA in the country has either their own website, membership of an SPC, access to one or more property portals or combinations of all.

Where would you place your property to get better exposure than these?

There's a couple of Scottish online Estate Agents who don't cost an arm and a leg depending on which package I chose.

Don't see the need to necessarily use an agent on the high street since I will be conducting viewings myself and online agents list properties on some of the same property portals. Is that ok with you? ;)

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Aw, c'mon - it's been there 80 years, and it's going to suddenly fall apart just after YOU move in....?

Sounds ridiculous I know! More realistic is that that a problem would develop over the course of five or ten years which would affect the saleability.

Anyhoo, the estate agent has asked the surveyor to call me and discuss what's in the report and why she put it there, so hopefully that will explain a few things.

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Sounds ridiculous I know! More realistic is that that a problem would develop over the course of five or ten years which would affect the saleability.

If you are swayng then others will too in the future. Future saleability should be as high a factor as the price when deciding to buy, especially if its not to personally live in.

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There are a few surveyors who overvalue. Best way to find them is to look at all the ads saying "priced £30,000 less than home report".

The problem for the vendor of course is that they are unlikely to find someone who will pay the overvalued price.

Sounds like you're not ready to sell yet though - just don't make the mistake of expecting the market to bounce back within a couple of years. Haven't bought a home report myself, but 600 quid does seem pretty expensive.

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There's a couple of Scottish online Estate Agents who don't cost an arm and a leg depending on which package I chose.

Don't see the need to necessarily use an agent on the high street since I will be conducting viewings myself and online agents list properties on some of the same property portals. Is that ok with you? ;)

Yeah if you want to save money use one of the online HR providers like Allscot and then agent Scottish house move, it saves you a fortune and I just think all the big agents and surveyors rip you off. good luck !!

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There are a few surveyors who overvalue. Best way to find them is to look at all the ads saying "priced £30,000 less than home report".

The problem for the vendor of course is that they are unlikely to find someone who will pay the overvalued price.

Sounds like you're not ready to sell yet though - just don't make the mistake of expecting the market to bounce back within a couple of years. Haven't bought a home report myself, but 600 quid does seem pretty expensive.

I agree with you on the overvaluing part as I thought the exact same thing when seeing a few houses being priced way under the home report.

Not expecting it to bounce back any time soon and the only thing that is really holding me back from selling is the sentimental value of our flat. it was my brothers place and he sold it to me. He passed away so it will be hard letting this place go.

Got a quote from an independent surveyor of £450 which seems a bit more reasonable.

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  • 277 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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