Rics backs housing market regulation

by Christopher Evans

A call for reform of the buying and selling process for homes has been welcomed by the Royal Institution of Chartered Surveyors (Rics).

The annual report by the Communities and Local Government (CLG) select committee has recommended that more "robust and effective" initiatives are taken to improve the processes, noting that the department has been "struggling" to perfect the home information packs scheme after "mishandling" its introduction.

Responding to the findings, Rics stated that it agreed with this call, but said the CLG has been struggling to implement reforms against opposition from other government departments.

It named the Department for Business, Enterprise and Regulatory Reform and the Office of Fair Trading as being opposed to change.

Should the CLG manage to push through more reforms, this could help those looking to buy or sell homes without using lawyers in the process, thus saving costs.

Written by Christopher Evans

Published on: March 4, 2009

Did you like this article? Share it!

House Buying, House Selling & Conveyancing

DIY house selling buying guide advert

Our step-by-step guide shows you how to cut out solicitors and estate agents and save £££.

Read More