At 10pm on 18 June 2026 the government issued a press release stating that by the end of the current parliament, changes will be introduced that will “fix the broken system”
This will include:-
- A code of practice setting out minimum standards for property agents and “guidance to improve the quality of information in property listings.”
- Consultation will take place from 2027 on the qualification of estate agents and the use of more digital tools.
- By the end of this current parliament there will be comprehensive legislation that will require sales packs, the introduction of binding contracts earlier in the sales process (probably similar to the Scottish system) and the introduction of systems that will “support the efficient sharing of trusted digital property information.”
The government claims that this proposal could save the average first time buyer £650 as the search costs etc should be incurred by the seller and will speed up the homebuying process by about 4 weeks. There is currently no information about who should bear survey costs, when surveys should be instructed and what level of survey should be carried out.
If you wish to look at this further the link to the press release is below
How Clapham & Collinge Can Help
We can help you smoothly navigate changing homebuying reforms by providing expert legal advice and up-to-date guidance throughout your conveyancing process.
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The information in this article is for general guidance only and should not be treated as legal advice. It is not a substitute for obtaining advice tailored to your circumstances. While we aim to ensure accuracy at the time of publication, laws and guidance may change. Clapham & Collinge LLP accepts no liability for any loss arising from reliance on this content. For personalised advice, please contact our client relations team to book an appointment.