Home Report – News

Home Report issues that may concern lenders, valuers or mortgage advisers before approval. This guide explains the practical checks to make before you decide what to do next.

Which Home Report Issues Affect Mortgage Approval: the short version

Home Report issues that may concern lenders, valuers or mortgage advisers before approval. In Scotland, the Home Report is one of the main documents buyers and sellers rely on before a property is marketed or before an offer is made. It should help you understand condition, value, energy performance and seller-provided information, but it should not be read in isolation.

Mortgage and lender checks matter

Some lenders may only accept a valuation or transcript where the surveyor or firm meets that lender’s panel or acceptance requirements. That does not mean a Home Report is automatically unusable, but sellers should avoid assuming every valuation will be accepted by every buyer’s lender. Before booking, it is sensible to ask whether the surveyor is commonly accepted by mainstream lenders and whether a mortgage valuation transcript can be provided if a buyer needs one.

What sellers should check

Sellers should check the timing, cost, surveyor suitability and any practical information needed before the inspection. Where the article relates to surveyor choice, also ask whether the surveyor has relevant local experience and whether their valuation is likely to be acceptable to mainstream lenders. A smooth sale is not just about getting a report; it is about avoiding avoidable buyer, solicitor or lender questions later.

• Confirm what is included in the quote or next step.
• Ask how quickly the survey or response can be completed.
• Check whether the surveyor understands the local area and property type.
• Keep written notes of any advice, quotes or clarifications.

What buyers should check

Buyers should look beyond the headline valuation and read the condition comments, repair categories, Energy Report and Property Questionnaire together. If something could affect mortgage lending, insurance, repair cost or resale value, do not rely on guesswork. Ask your solicitor, mortgage adviser, surveyor or a relevant contractor before making a decision you cannot easily unwind.

When local knowledge can matter

Local surveyors may understand street-by-street pricing, common construction styles, shared repair patterns, tenement issues, rural access points and recurring local defects better than someone with little area exposure. This is particularly useful where comparable sales evidence is limited or where similar properties often have the same repair themes. Local knowledge does not replace professional valuation evidence, but it can make the report more grounded in the market buyers are actually viewing.

Why lender acceptance should not be ignored

A Home Report can be useful to buyers, but a buyer who needs a mortgage may also need their lender to accept the valuation or request a transcript valuation. Some lenders have requirements around the surveyor or firm they will accept. For that reason, sellers should ask sensible questions before instruction, especially if they want the sale to be straightforward for mortgage-backed buyers. Buyers should check their own position with their mortgage adviser or lender.

Step-by-step next actions

1. Read the relevant Home Report section carefully rather than relying only on the headline rating or valuation.
2. List the questions that affect price, timing, mortgage lending or legal checks.
3. Ask the right professional for each question: surveyor for condition or valuation, solicitor for legal/title matters, mortgage adviser for lending, and contractor for repair costs.
4. If you are a seller, compare more than one quote where possible and ask about local coverage and lender acceptance.
5. If you are a buyer, decide whether the issue changes your offer, your risk level or your willingness to proceed.

Before you act

Most Home Report points are manageable once they are understood, but rushing can create problems. Sellers should avoid choosing purely on headline price, especially where local market knowledge or lender acceptance may matter. Buyers should avoid treating the Home Report as a guarantee that no further checks are needed. The best use of the report is to identify the right questions early, before a sale stalls or an offer is made on the wrong assumptions.