Will the withdrawal of the Home Condition Report as a mandatory element of the Home Information Pack still make the pack worthwhile to the consumer?

Dixon, Robert (2007) Will the withdrawal of the Home Condition Report as a mandatory element of the Home Information Pack still make the pack worthwhile to the consumer? BSc dissertation, University of Portsmouth.

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    Abstract

    On the 1st June 2007, the property market in England and Wales will change. Every property placed onto the market after this date will be required under Part Five of the Housing Act 2004 to have a Home Information Pack before marketing can begin. The Home Information Pack and its introduction has been the subject of much debate both in politics and within the industry, not least after the decision on the 18th July 2006 by the Housing Minister Yvette Cooper to make one part of the pack, the Home Condition Report, a voluntary element. The aim of the Home Information Pack was to improve the home buying process by providing key information up front so the potential purchaser could make an informed decision. The Home Condition Report was seen as a key element of this pack by providing information on the condition of the property. Through secondary data sources and primary research, this report looks at whether the Home Information Pack in its current form, without this mandatory element, can achieve the aims of its introduction. The data and evidence suggested that while the Home Information Pack in principle has the potential to improve the home buying process without the inclusion of the Home Condition Report, the benefits to the consumer will be marginal.

    Item Type: Dissertation
    Departments/Research Groups: ?? EDAM ??
    Depositing User: Jane Polwin
    Date Deposited: 20 Jan 2011 12:48
    Last Modified: 28 Jan 2015 11:14
    URI: http://eprints.port.ac.uk/id/eprint/414

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