Year old home buyers report

[oopswoops]

We have finally found a property we are interested in and have just received the home buyers report. It is a year old and seems quite vague compared to others I have seen. It doesn't mention things we noticed when viewing (cracked kitchen floor tiles and cracked pane in bedroom window). What's the procedure now? Should we ask to get our own report done? What if the value goes up? any advice greatly appreciated

I mean home report not home buyers report, not sure where that came from!!

Whose report is it ? If you need a mortgage the lender will require a new one.

It's the sellers original report from a year ago. They must have tried to sell then decided to rent instead.

Get your lender to do a survey & make that a home buyers report. A year old report is no good.

Are you in Scotland?

Yes in Scotland

Home reports expire after 6 months (from experience of having sold out own house after 7 months!). If you have an offer accepted on the property usual practice would be for your solicitor to then ask for an updated home report at the seller's expense.

Great thanks for the replies

Home reports do not have an expiry date as such But if you are getting a mortgage Lenders will normally require them to have been done within a certain timescale (normally 3 months) And even if you aren't getting a mortgage a year would be too long In these circumstances normally the Offer would be conditional on an updated Hone report being exhibited at the Seller's expense To be honest this will normally be simply an update and I have heard varying reports of how thoroughly the property is checked at this stage and if you weren't that happy about the report in the first place you might want to think about getting your own report Your solicitor will be able to guide you on this

Hi there, I would always get a full structural survey (roughly £900-1000) but even with that, I have never seen a report as detailed as to mention cracked interior tiles or windows? They are really to ascertain if you have serious structural issues. Any survey commissioned by a mortgage co will have their best interests at heart,not yours! If you are hoping to use the report as a bargaining chip, just pay attention to whether or not the local market will will withstand you trying to negotiate and my best advice is to stay within your budget allowing for a realistic figure re:renovations.