Property Valuation Report – Scheme 1

Our team of highly experienced Chartered Surveyors offer a range of property valuations, often known as private valuation reports, in addition to the Home Report.

Professionally prepared and unbiased, these independent valuation reports are very different from a Home Report and are not a legal requirement when it comes to selling a home.

Private valuation reports are used for a number of circumstances: matrimonial valuations; tax planning; inheritance planning; shared equity settlement; private off-market sales; and insurance valuations.

Read our Valuation FAQs
Home Report Company

Why Choose Us?

  • Prices from £200
  • Flexible appointments to suit you
  • Stress-free process
  • Offices across Scotland
  • Appointments within 24 hours
  • You can trust us 100%
  • All surveyors are RICS registered
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What is included in a Private Valuation Report? – Scheme 1 Report

A private valuation is a legal and professional assessment of the price of a property. This report doesn’t detail anything about the structure of the property, instead solely focusing on its market condition and value. It’s very beneficial when it comes to tax planning, inheritance planning, shared equity and resolving financial issues surrounding separations or divorces.

At Home Report Company, our team regularly provide private valuation reports to homes across Scotland. Due to the sensitive nature of many of these, the team are available 7 days a week, at times that suit you.

Our Range of Property Valuations

Tax Valuations, including Inheritance Planning

When it comes to inheritance planning or winding up an estate after a person passes away, ascertaining the current value of the property is key. Our team of chartered surveyors have extensive experience in this and are available 7 days a week.

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Matrimonial Valuations

When a marriage or long term relationship ends, there will be a number of financial matters to resolve. This often includes the property shared. Valuation reports are often carried out to assess the current market value to ensure assets are divided fairly. These reports are fully independent and unbiased.

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Shared Ownership Valuation

This valuation is needed if you’ve bought a home using a shared ownership scheme, for example, the governments ‘Help to Buy’ or when the equity of the property is split with another person. If you wish to sell, buy out the other party or repay the loan then an independent valuation is needed.

Frequently Asked Questions on Property Valuation Reports

What is the cost of an independent property valuation report?
A property valuation report usually costs £381 on average. While a valuation report provides an overview of the property's condition, it does not include a detailed structural inspection like a building survey.
How long does it take to complete a property valuation?
An inspection generally takes around 45mins depending on the size of property.
Who is qualified to carry out a property valuation?
RICS Chartered Surveyors / RICS Registered Valuers are qualified to carry out the inspection.
What factors affect the market value of a property during a valuation?
There are a whole range of factors which can play a part in the results of a valuation report. Our surveyors take into account a property's location, size, condition, age and of course comparable sales in the area, market trends and the state of the economy.
Can a property valuation report help when negotiating a price?
Yes, the insights from your property valuation report give you a strong opportunity to negotiate the price of a property. Both buyers and sellers can use it to their advantage, helping to justify an asking price with clear evidence.
Is a RICS valuation accepted for Help to Buy redemption?
Yes, you can use the Home Report Company's property valuation for the redemption of your Help to Buy loan.
Is a valuation report required when selling a shared ownership property?
Yes, when selling a shared ownership property, you can use a valuation report from a RICS-qualified surveyor to establish the market value. However, it's important to understand that the selling price will be determined by this professional valuation rather than being set at your discretion.
Can a RICS valuation report be used in court proceedings?
Yes, courts will accept a RICS property valuation report as evidence during legal proceedings. This documentation can provide important information to help judges make fair decisions about asset division, particularly in cases involving divorce settlements or property related disagreements.
When should I consider getting a property valuation?
Private valuation reports are used for a number of circumstances: matrimonial valuations; tax planning; inheritance planning; shared equity settlement; private off-market sales; and insurance valuations.
Do I need a valuation if I already have a mortgage valuation?
Yes and no, however it can provide an independent valuation / second opinion should a mortgage valuation figure needs to be appealed / challenged.
What’s the difference between a property valuation and a full survey?
A Property Valuation Report is designed to estimate the current market value of a property. It’s often required by mortgage lenders or used by buyers to confirm the purchase price. While it gives a general overview of the property’s condition, it does not include a detailed structural assessment. In contrast, a Full Survey (RICS Level 2 Homebuyer Report) involves a much more thorough inspection by a surveyor. This survey looks closely at the property’s overall condition, highlights structural issues, and identifies any urgent repairs or potential problems that may need attention.
How is a property valuation different from an estate agent’s valuation?
A property valuation carried out by an RICS Chartered Surveyor or Registered Valuer is an independent and professional assessment. While estate agents also provide valuations, their aim is often to secure instructions to market the property. As a result, their estimated valuations can sometimes be slightly optimistic.
What are the requirements for a RICS valuation to be valid for Help to Buy?
There are a few conditions that the Help to Buy expect from our RICS surveyors, which are:
  • Holds both qualifications and registration with the Royal Institution of Chartered Surveyors (RICS)
  • Has no affiliation with any estate agency
  • Has no personal connection or relationship to you
  • Conducts an internal inspection of the property
  • Includes at least three comparable properties with their sale prices in the report
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    Get a Private Valuation Report

    If you’re looking for a private valuation report, here at the Home Report Company we have offices across Scotland. Our highly experienced Chartered Surveyors, all regulated by the RICS, are available 7 days a week, at times that suit you.

    Home Report Company are open from 8am-Midnight. Monday-Friday and 8am-10pm, Saturday-Sunday call us on 0131 608 0175 or email info@homereportcompany.co.uk.

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    What Our Clients Say

    Home Report Company
    Based on 195 reviews
    billy M.
    Excellent service, arrived at arranged time and had my report done within z couple of days . Would definitely recommend
    Walid A.
    We have used the Home Report Company twice this year. Excellent support staff, professional and courteous surveyor (Andrew) and competitive prices. In my opinion they are one of the best companies I have had the pleasure of dealing with.
    Mark M.
    Very efficient process and excellent to deal with. Got valuation the next day and full report the day after. Thoroughly impressed.
    Allan G.
    I have used The Home Report Company a few times for buying and selling. Andrew is friendly and knowledgeable. Good customer care from Andrew and the admin team. Would certainly use again.
    Himanshu S.
    Excellent service from start to finish! The team was professional, efficient, and delivered a thorough home report promptly. Communication was clear and friendly throughout. Highly recommend for anyone needing a reliable and stress-free experience. Definitely a 5-star service!
    Jo W.
    Well, what a great, quick service, at a smashing price. The agents worked with me to book a convenient slot, and the surveyor communicated promptly and efficiently once the inspection was completed. I have received the finalised report on Saturday evening after a Thursday morning visit. Fantastic service. Had not expected to hear anything till Monday. Very happy to recommend.
    katrina F.
    Very professional company. Arrived on time for appointment. Knowledgeable of the area. Quick to respond to emails and questions. We would recommend this company when selling your home.
    Euan M.
    Andrew from The Home Report Company was an excellent surveyor and his valuable opinions on the local property market were most welcome. The draft was report was written in under 24 hours and the customer service was good too.
    Ali M.
    Very efficient service and I welcomed the competitive price. Thank you
    Sally H.
    Very quick and efficient. Easy to deal with. Reasonable price.
    Andrew H.
    The booking and pre visit paperwork was dealt with very efficiently by the admin team, Andrew came to the house to check it over, early rather than late which was encouraging. He was very friendly, helpful and efficient. He has subsequently delivered the report by email within the expected time frame. Good job at a good price !
    jim D.
    The surveyor was excellent, he arrived exactly on time, carried out a thorough inspection & then provided a draft report inside 24 hours & the finalised report within the week. Superb service and value.
    Kay W.
    Very efficient, prompt service, highly competitive prices
    Elizabeth G.
    Good communication, fast, efficient service and I would recommend.
    Jane E P.
    The surveyor showed up on time and was friendly and efficient. I received the draft and final report quickly and the admin staff were very helpful.