Panel debate urges industry to unite
The industry has recently been called on to simplify the buying and selling process by improving communication.
In the north-west of England, a panel of members from the Royal Institution of Chartered Surveyors debated the need for greater information to be provided by sellers. Chaired by RICS associate residential director Graham Ellis, the panel stated that this could improve the process for buyers, giving them more certainty and assurance in regard to their potential new home. In turn, this could reduce expenses for buyers in terms of survey or legal fees.
Representatives from Ombudsman Services and Countrywide were among the panel members at the event, as well as other conveyancing and chartered surveying companies.
The recent call for a log book or home report was also brought up at the event. According to the RICS website, the panel stated that the introduction of property reports was reflective of the Home Information Pack principle, deemed as something that could have been effective had it “been implemented properly”. Despite this, there was a shared view among the RICS panellists that the HIPs would not be implemented now.
