Updated October 2026 · Fraser Bond
Aberdeen
Scotland's buying process is different, so learn the rules before you offer
Home Reportprovided by seller
Offers overcommon pricing
Closing datewhen interest is high
Missivesbinding contract
In short: In Aberdeen, lenders sell repossessed homes through estate agents, solicitors' property centres and auctions, usually marketed as ordinary sales. The Scottish process differs from England: the seller provides a Home Report (survey, energy report and questionnaire), homes are often marketed at "offers over", and a closing date may be set when there's strong interest. The deal becomes binding once missives are concluded.
| Step | What happens in Scotland |
|---|---|
| Note interest | Your solicitor notes interest so you're told about a closing date |
| Read the Home Report | Survey, valuation, energy report and property questionnaire |
| Offer | Your solicitor submits a formal offer |
| Missives | Letters between solicitors that form the binding contract |
| Settlement | Completion and handover of keys |
Mortgage calculator
Deposit–
Mortgage–
Monthly repayment–
Land and Buildings Transaction Tax (LBTT) applies in Scotland instead of stamp duty.
Before you offer on a repossession
Frequently asked questions
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Are repossessed homes cheaper in Aberdeen?
Sometimes, but lenders must seek a fair price; discounts usually reflect condition.
What is a Home Report?
A pack the seller provides, including a survey and valuation, energy report and property questionnaire.
Is an accepted offer binding in Scotland?
It becomes binding once missives are concluded between solicitors.
