Construction News
31/01/2008
Plans To Offer Home Owners Peace Of Mind With 'Home Report'
Would-be house buyers will save money and get greater peace of mind under Scottish Government plans for a greener and more informed housing market.
In a move approved by the Local Government and Communities Committee today, Communities and Sport Minister, Stewart Maxwell, said that from December 1, 2008 properties for sale will have to be marketed with information, now branded as the 'Home Report'.
The Home Report, commissioned by the seller, will provide prospective buyers with detailed information about the condition and value of the property before offers are made.
In this way buyers will not waste time and money on mortgage valuation reports on properties where their offers are unsuccessful
And first-time buyers, with nothing to sell, will particularly benefit from a Home Report provided by the seller.
The Home Report will contain three documents providing home buyers with more information than they have ever had. These are a single survey prepared by a chartered surveyor containing detailed information on property condition, accessibility information and a valuation.
An energy report giving a home's energy efficiency rating and its environmental impact in terms of carbon dioxide emissions. It recommends ways to improve the building's energy efficiency and gives contact details for further advice and information about how to make a home more energy efficient and save fuel costs.
A property questionnaire to give prospective buyers useful information about the property, such as parking arrangements, factoring and property alterations.
Stewart Maxwell said: "Buying a house is for most people the largest investment they make in their lives and we believe that the buyer should have good, professional information about its condition and value before making an offer.
Julia Clarke, Principle Public Affairs Officer for consumers organisation, Which?, added: "This significant change to the buying and selling process in Scotland means that buyers and sellers will have better information than ever before about the condition and value of properties before offers are made."
Advice and involvement in developing the proposals has been obtained from a number of groups that have involved the Royal Institution of Chartered Surveyors, the Law Society of Scotland, the National Association of Estate Agents, the Scottish Consumer Council and the Council of Mortgage Lenders.
The Home Report Implementation Group which includes representatives from the Royal Institution of Chartered Surveyors, the Law Society of Scotland, the National Association of Estate Agents, the Scottish Consumer Council and the Council of Mortgage Lenders will work on an implementation plan for the Home Report.
The Group will be involved in be involved in disseminating information to firms involved in the house buying and selling process. The Scottish Government is working with the organisations on the Group to prepare for this programme of work during 2008.
(GK/JM)
In a move approved by the Local Government and Communities Committee today, Communities and Sport Minister, Stewart Maxwell, said that from December 1, 2008 properties for sale will have to be marketed with information, now branded as the 'Home Report'.
The Home Report, commissioned by the seller, will provide prospective buyers with detailed information about the condition and value of the property before offers are made.
In this way buyers will not waste time and money on mortgage valuation reports on properties where their offers are unsuccessful
And first-time buyers, with nothing to sell, will particularly benefit from a Home Report provided by the seller.
The Home Report will contain three documents providing home buyers with more information than they have ever had. These are a single survey prepared by a chartered surveyor containing detailed information on property condition, accessibility information and a valuation.
An energy report giving a home's energy efficiency rating and its environmental impact in terms of carbon dioxide emissions. It recommends ways to improve the building's energy efficiency and gives contact details for further advice and information about how to make a home more energy efficient and save fuel costs.
A property questionnaire to give prospective buyers useful information about the property, such as parking arrangements, factoring and property alterations.
Stewart Maxwell said: "Buying a house is for most people the largest investment they make in their lives and we believe that the buyer should have good, professional information about its condition and value before making an offer.
Julia Clarke, Principle Public Affairs Officer for consumers organisation, Which?, added: "This significant change to the buying and selling process in Scotland means that buyers and sellers will have better information than ever before about the condition and value of properties before offers are made."
Advice and involvement in developing the proposals has been obtained from a number of groups that have involved the Royal Institution of Chartered Surveyors, the Law Society of Scotland, the National Association of Estate Agents, the Scottish Consumer Council and the Council of Mortgage Lenders.
The Home Report Implementation Group which includes representatives from the Royal Institution of Chartered Surveyors, the Law Society of Scotland, the National Association of Estate Agents, the Scottish Consumer Council and the Council of Mortgage Lenders will work on an implementation plan for the Home Report.
The Group will be involved in be involved in disseminating information to firms involved in the house buying and selling process. The Scottish Government is working with the organisations on the Group to prepare for this programme of work during 2008.
(GK/JM)
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF).
The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i