Material Information
Under current legislation, as set out in the Consumer Protection from Unfair Trading Regulations 2008, estate and letting agents have a legal obligation not to omit material information from property listings. But current practices around disclosure are not consistent across the industry. For most people, the journey to buying or renting a new home – […]
How you can help speed up your house sale – the buyers role
Buying a home is amongst the three most stressful life events, along with death and divorce. The average transaction in England and Wales takes 22 weeks, putting many people off. So, we strongly advise that, to improve the process, the seller kicks off conveyancing on ‘day one’ of marketing the property and the buyer has […]
New Homes Code and Ombudsman offers greater consumer protection
Buying a new home is an exciting and time-consuming process, so encountering minor quality issues when moving into a new property can be stressful, expensive and a huge annoyance. Nobody wants to endure the excitement of finding their dream property only to encounter disappointment and additional costs due to potential snagging issues that could have […]
Industry group forms Open Property Data Association (OPDA)
The HBSG is pleased to announce that following the public release of v2.0 of the Property Data Trust Framework, the technology group has formed an independent industry body, the Open Property Data Association (OPDA), for companies revolutionising the property industry through data collaboration. OPDA’s mission is to foster innovation, trust, and industry-wide collaboration and to […]
How digital and data can provide the homebuying experience consumers want – Harris
I’m a huge fan of technology. I love digital and the potential it has to deliver new and innovative products and customer experiences. So much so, that after designing and launching the UK’s first digital mortgage with Atom bank, I realised just how poor the rest of the homebuying experience can be and wanted to […]
LPE1 enquiries to benefit from standardised answers following update to Property Data Trust Framework
Latest step in digital conveyancing evolution The Property Data Trust Framework, a set of open and free-to-use data standards developed collaboratively across the property industry by the Home Buying and Selling Group (HBSG), has announced a new update which advances its mission to unlock the potential of digital conveyancing. This latest update allows answers to […]