How Much Does It Cost To Sell a House in Scotland

How Much Does It Cost To Sell a House in Scotland , updated 7/28/20, 3:01 PM

The cost of moving homes is not cheap. It's best to understand all costs involved so that there are no surprises down the lines. So we have outlined a number of costs that you should be aware of including the cost of a home report:

About Home Report Company

Home Report Company is based in Scotland with three locations: Edinburgh, Glasgow and Aberdeen. They offer home reports and private valuations to homeowners who are selling their property. They pride themselves of providing a fast convenient service for their customers. They are open very late and at weekends to ensure that their clients are seen at the most convenient time. Their surveyors are members of RICS so are fully regulated and fully professional.  They will answer all queries quickly and efficiently about your home report.

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How Much Does It Cost To Sell a House in Scotland?
The cost of moving homes is not cheap. It's best to understand all costs involved so that
there are no surprises down the lines. So we have outlined a number of costs that you
should be aware of:
Estate Agents

Estate agency fees can range from below 1% up to 3.5%, depending on the value of the
property, and your location. They ought to include certain services such as marketing
the property, creating floor plans, setting up viewings.
Conveyancing
In order to complete the sale you'll need a solicitor or licenced conveyor. They usually
charge £850-£1,500 including VAT at 20%. It is best to shop around and find out what
each solicitor or estate agents offers you for their charge. It is not always easy to
compare like with like.
Land and Buildings Transaction Tax
This is the Scottish equivalent of stamp duty and is payable on properties costing over
£145,000, or £40,000 for second homes and buy-to-let properties. The amount due is
based on a tiered system, the more expensive the property the higher the tax.
Home Reports https://www.homereportcompany.co.uk/home-reports/ Sellers are
required by law to instruct one for interested parties. A Home Report consist of three
separate documents- a property questionnaire, an energy performance certificate and a
single survey. The cost of a home report can vary but usually it is dependent on location
and property value.
Removal Costs
There is also the cost of physically moving houses which should not be forgotten about.
The cost of this can be managed by shopping around using reviews and getting at least
three quotes.
You might also want to consider other costs such as locksmiths (changing all the locks
when you move in is a sensible idea as the previous owner may have given spare keys
to neighbours and relatives ), carpet cleaning (if you are keeping the carpets these may
need a good clean especially if there have been pets or smokers in the house you are
moving to), cleaners in general (it is preferable to have the whole property given a good
clean), mail redirection (essential really and the post office can set this up for you or do
it online), broadband installation (also an essential and you will realise that you need it
to do most anything including setting up your new energy suppliers etc). So there are a
lot of costs with moving houses and it should not be taken lightly. The property market
is also seasonal to an extent so if you are selling choose wisely if you can when you put
your property on the market.

f you are looking to sell your property, the first thing you'll need is a Home
Report https://www.homereportcompany.co.uk/. 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