SEPT
2004
HOT TOPIC
Help
or Hindrance?
Will home-buying packs aid crime?
Recent comments by the Law Society suggest that the government's proposed
home-buyer packs will allow criminals to target vulnerable addresses.
The proposed Housing Bill legislation is intended to take much of
the uncertainty, risk and hassle out of purchasing a home. Under the
proposals anyone selling their home, or an estate agent acting on their
behalf would have to compile information and include a basic survey
of the property for potential buyers.
However the Law Society believes that the pack would force sellers
to make sensitive information, such as details of the property's security
systems, freely available to anyone.
The government's view is that the packs would only go to serious prospective
purchasers as there is a 14 day period in which to fulfil the request
which would make it possible to check out the credibility of a potential
buyer.
Era's Dave Hill
recognises the pros and cons of the debate "Most
of us will have experienced the frustrations of buying a home. It is
a very stressful time and it's easy to see the benefits of a pack that
helps to provide a clear and meaningful view of a home."
"However too
much information could be dangerous, and you need to ask the question
as to how an estate agent could really differentiate
between a serious enquiry and one that has a more sinister motive?"
For the
moment the last word rests with Dave "I guess the bottom line inevitably
rests on the fact that doubt still exists as to what the content if
the pack will need to be. However if there is even the slightest chance
that any criminal can glean some information that would help them in
anyway, then we should ensure that this opportunity is denied to them
and details of security systems should not be a mandatory part of the
pack."