Material Information and Advertising a Property For Sale
Posted on 23rd January 2024 at 17:48
In May 2022, National Trading Standards introduced Part A of their new guidelines for estate agents when advertising a property. Parts B and C were introduced in November 2023.
As a reminder, Part A required estate agents to make clear the council tax band, price, and tenure of any property being advertised.
Part B and C take this further, and below you will find a summary of what to expect and what you should look for when browsing online.
Parts B and C are expected to be visible on all listings from 1st January 2024 and we are working through our older listings to ensure this information is clearly displayed.
We believe this is a good step forward towards helping buyers make better, more informed choices of the properties they wish to buy and to support this we will be helping all sellers who instruct us to market their homes for sale, complete the law society standard protocol forms which we will be able to use to share information with potential buyers.
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