United Kingdom Industry News

29/07/2010

Free Information To Be Given To Home Buyers

Home buyers can access more information about their new home without having to pay for the information, the government announced today.

The law is being changed to stop people being charged a £22 fee for a personal search of the Local Land Charges Register. This move is intended to make key environmental information more accessible to the public.

These land searches tell a home buyer about restrictions or issues that affect the property, such as planning conditions, conservation areas and protected trees.

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The new government has already suspended costly and bureaucratic Home Information Packs.

Housing Minister, Grant Shapps, said: "Moving home is difficult and stressful, and the new government wants to make it easier. We've already taken steps to scrap Home Information Packs, and now we are cutting the cost of researching the detail about your new home.

"This shows in practice how freeing up public sector data and opening up the books can benefit the whole economy, by cutting transaction costs and increasing competition."

(CD/KMcA)
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keycons003 / keycons003x36 02/09/2010 18:53:15 / A2 / B9 / 0.046875, 38.107.191.106

Free Information To Be Given To Home Buyers - Home buyers can access more information about their new home without having to pay for the information, the government announced today.