With more information coming out about the planned National Trading Standards Estate and Letting Agency Team (NTSELAT) vision for making “material information” available up front for homebuyers, this latest Today’s Conveyancer podcast explores the knock on benefit for conveyancers.
It is anticipated that by better understanding the full extent of the transaction at the outset, conveyancers will be able to price more effectively, accounting for any transactional anomalies or complications, and allocate resource appropriately.
David Opie is joined by Jason Howarth, founder of Veya (not Veyo!) to discuss how conveyancers can get more involved in the home moving process at an earlier stage and work with the agent and home mover to fully understand
- any potential pitfalls with the house of their dreams
- how best to navigate them to ensure a speedy resolution
- how this can lead to a smoother moving experience all round
With the launch of Part A, organisations marketing properties must include
“information that, regardless of outcome, is always considered material for all properties regardless of location. This information generally involves unavoidable costs that will be incurred by the occupier regardless of the use of the property.”
Currently this includes Price/Rent, Tenure and Council Tax Band. Parts B and C will include “non-standard” features although there is no definitive timescale for their implementation yet.
The Today’s Conveyancer podcast is available on your preferred podcast provider and also on the Today’s Conveyancer website www.todaysconveyancer.co.uk
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