Proceeding contribution from Nick Raynsford (Labour) in the House of Commons on Wednesday, 16 May 2007. It occurred during Legislative debate on Housing.
Housing
The hon. Gentleman is wrong. The seller puts the property on the market and commissions the EPC. If there are problems with the property, it may prompt the seller to carry out improvements, because he will know that they will give him a better chance of selling. That may help to achieve some cost-effective improvements in the property, but that is entirely in the seller’s hands. Abortive costs will arise only if the seller chooses to withdraw the property from the market, whereas in the example I gave prospective buyers who have commissioned surveys, searches and other reports lose their money for reasons entirely out of their control.
Secondary information
- Type
- Proceeding contribution
- Reference
- 460 c653
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Costs Climate change Competition Housing Inspections Environment protection Energy Documents Grants Fuels EU action Home information packs Judicial review Gazumping Local government Pilot schemes Property transfer Loans Staff Valuation VAT Surveying Housing market First time buyers Carbon emissions Royal Institution of Chartered Surveyors Energy performance certificates
- Legislation
- Home Information Pack Regulations 2007
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 12:32:11 +0000
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