How do I sell my home in Scotland?


Market overview

The property market in the UK as a whole continues to go from strength to strength, although the differences from one region to the next can be quite staggering. Average property values in London have spiked, but as the capital city moderates, Scotland has begun to outperform its southern neighbours. Following the referendum’s decision to remain part of the UK, the country’s economy and housing market are both doing extremely well. Major cities like Glasgow, Edinburgh and Aberdeen are thriving, while tourism has never been healthier.

From business lets to investment in student housing properties and right through to year-round tourism, Scotland’s cities may not be quite on-par with London, but they have their own strength that is undeniable. 

The Selling Process

Marketing your property

The normal means of marketing a property is via an estate agent who can also value your property. If you used an agent to buy your property, it would make sense to use the same one to sell it as they will already know the property.

054025f06825a808ad182a65948f0b25a5dcab45f55366dab6459cd348851890Legal Representation

You will need either a solicitor or conveyancer to carry through the selling process and navigate the legal processes. These can vary in cost and expertise.

25b12b559a2270be818b4d35e8e130b0d7a522c2f58b5245cf176f82e1c6c9fdHome Report

You are legally required to provide a Home Report on your property when placing it on the market. This will consist of three parts: a survey, an energy report and a property questionnaire. The person marketing the property is responsible for creating it: if you are selling privately, this is you. If you are using an estate agent, this will be their responsibility.

0510488e65e5ab9925cd892361fa57c6e42b28dfe985a5c2a8588f5c515402e1Energy Performance Certificate

You are obligated to provide an EPC to potential buyers for free. Failure to do so will cause a penalty of £500 from your local authority. This should be included n your Home Report.

cab8e2c717f2efb82a6b48cb24d7a354d4bffa33c2aeb049f821469a94755588Provisional offers and viewings

Ensure that your home is as presentable as possible for viewings. After viewing, a buyer may make a provisional offer on your home.

a5b3610052dc06f467c0df0263eb6a8ee3d4b9874be600b62583cd0c58156b46Legal checks

Your solicitor or conveyancer should now carry out the requisite legal checks  on the property. During this period, the terms of the offer will be negotiated, but the sale is not yet legally binding.


Once you have signed and exchanged the finalised contracts, you are legally committed to complete the transaction. On the agreed completion date, you must have vacated the premises and handed over the keys to your solicitor, who will deliver them to your buyer with a Disposition, which officially transfers ownership to them.


If you still have an oustanding loan on the property, this should now be discharged by obtaining a “redemption statement” from your lender. Your solicitor will be able to take of this and ensure that the money from the sale goes towards repaying the loan.

Average selling prices


1 Bed Apartments


2 Bed Apartments


3 Bed Apartments


2 Bed Homes


3 Bed Homes


4 Bed Homes


Selling Costs Checklist


Once you have met these costs, you have paid to sell your home

Estate agent fee – this will vary with each estate agent

Legal fees – this will also vary+

CGT – Applicable if you have more than one home or it is a buy-to-let property. (From 6th April 2015, foreign owners will have to pay CGT, most likely 18% or 28%, depending on their tax bracket.)

Photos: AJC1, Stuart Caie href=”http:>

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