How will Home Information Packs help the current buying and selling process?
Home Information Packs aim to reduce the stress of buying and selling a home by providing key documents at the time a property is put on the market. Currently this information is not normally made available until after an offer has been negotiated often causing sales to be renegotiated or collapse altogether. The Packs aim to increase confidence in the sale process from the start. Estate agents marketing homes with Packs will be required for the first time, to belong to an approved consumer redress scheme. This means more peace of mind and a better standard of service for consumers.
