Home Information Pack mk2

Some interesting news has arisen that Government are concerned at the length of time it takes to buy a property in England and Wales.

An enquiry is to start in the next few weeks whose aim is to investigate the issue of length of time and the possibility of ‘gazumping’; which according to HM Treasury costs us £270million a year on failed house transactions.

Clearly one option could be to use the model that is used in Scotland, whereby once an offer is accepted the contracts (missives) are then agreed, making the process quicker. In Scotland the sellers must produce a Home Report, which contains a home survey, the energy performance certificate and a property questionnaire.

Elmhurst lived through the first Home Information Pack fiasco, when the then Labour Government found it tough to implement a new ‘sellers pack’ on the industry in England and Wales; this led to huge expense and a new system being created; which very quickly was made voluntary and therefore subsequently it fell apart. Whilst we welcome any measures to help improve the home selling process in England and Wales; we very much look forward to the investigation and hopefully some pretty lively debate.

Stuart Fairlie – Head of Technical

For more information: http://www.bbc.co.uk/news/business-36257109

If you need help get in touch!

Fill out our short contact form below if you would like to find out more about the information displayed on this page

 
Success Stories

"As usual Elizabeth's presentations are of extremely high quality, she explains concisely and also clearly. All questions are answered, and she has time to ensure that everyone understands the material."

- H. Stevens, Overcoming QA Issues

READ ABOUT MORE OF OUR SUCCESS STORIES HERE >

Find out more about the range of services Elmhurst Energy has to offer.

Training
Accreditation
Software
Tech Support
© Elmhurst Energy Systems Ltd 2016. All rights reserved.