Cheltenham and Gloucester have given the thumbs up to Government's plans to reform home buying and selling.
The lender is using the Government's new Seller's Information Pack in a Bristol-based pilot test on 250 people selling their homes.
The recently launched pack includes a “Property Inspection and Condition Report” a draft contract, plus searches, guarantees, lease and deeds copies and an energy rating.
C&G media relations manager Emmy Smith says: “The benefit to the consumer is giving them more information at the very start which will hopefully condense the time span between putting in an offer and exchanging contracts.”
C&G managing director Roger Burden, said: “The Seller's Information Pack will introduce certainty into the house-buying process much earlier.”