The introduction of the Homebuyer Report in 2009 was very controversial, with many saying it was a covert way of adding an additional tax to those wanting to sell their home, but it does have many benefits to both seller and buyer.
The report is quite lengthy, but is still very easy to read and understand.
The buyer gets an overview of the condition of the building in great detail, which helps them decide if the building is worth the price that is being asked. It also helps them budget for any costs that might be incurred in maintaining the building in the near future.
There is a section on energy efficiency, which helps the buyer budget for improvements and heating costs, and helps the seller see where he might best spend money to improve the saleability of the property.
There is a valuation of the property included, which is again useful to both the vendor and the purchaser, and can help avoid disputes over an asking price and an offer price. All these elements taken together should make negotiation over a property quicker and easier for all involved.
As all Homebuyer reports are laid out in the same way it makes comparing properties easy.
All services are visually inspected, which can give an indication of any electrical maintenance that might need to be carried out. It is easy to find an electrician in Hastings who can carry out any work that needs to be done.