What ‘material information’ should be legally required on property listings?
"Consumers want more information", says National Trading Standards's Estate and Letting Agency team, as it launches a survey to find out what property agents think should be essential on all portal listings.
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Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
Required Reading: National Trading Standards publishes full guidance on new Material Information rules
Providing prospective buyers or tenants with more up-front information about a property should result in shorter transaction times and fewer fall-throughs.
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