UK Parliament / Open data

Housing

Proceeding contribution from Yvette Cooper (Labour) in the House of Commons on Wednesday, 16 May 2007. It occurred during Legislative debate on Housing.
My hon. Friend is right to say that there will be savings throughout the process. He also refers to upfront costs, and many providers are already saying that they would charge at the end of the process, not at the beginning, and that they would offer no-sale, no-fee deals. A couple have said that they would provide HIPs for free. As he is right to point out, most of us buy and sell a home at the same time, so the transfer of costs from the buyer to the seller will not make any odds to us. The people who will really gain will be first-time buyers. Currently, if a sale falls through, they might have to pay for searches on a series of different properties. In future, they will get that information for free. It is right that we should help first-time buyers in that way.
Type
Proceeding contribution
Reference
460 c641-2 
Session
2006-07
Chamber / Committee
House of Commons chamber
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