Home Condition Reports explained
Energy Performance Certificates are compulsory for everyone selling a home with 3 or more bedrooms. Home Conditions Reports, which are a more detailed survey on the property are not essential, they are voluntary.
If you choose to add a Home Condition Report to your Home Information Pack, this is what it can contain:
- Information about the physical condition of the property which sellers, buyers and lenders will be able to legally rely on as an accurate report.
The Report can be used by potential buyers at the beginning of the home buying process to ensure they are not faced with unexpected repair bills and other commitments they cannot afford. Sellers who provide a Home Condition Report will have an early opportunity to carry out repair work on the property or obtain quotes prior to marketing. Mortgage lenders can also use the reports to inform their valuations, reducing the need to repeat a detailed on site inspection at the buyer's expense.
The Government believes there will be significant benefits to home sellers if they top up their Packs to include a full Home Condition Report.
Home Inspectors responsible for preparing Home Condition Reports will hold a qualification at NVQ Level 4 (equivalent to degree level) and will require in-depth knowledge and practical understanding of residential building construction and defects across a range of properties as set out in the approved National Occupational Standards for Home Inspectors.
For more information on Home Condition Reports and to help you to understand the requirements, visit http://www.homeinformationpacks.gov.uk/consumer/.
If you are selling a home or about to, get instant Home Information Pack Quotes.
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