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Seller packs &#39unfair&#39 for North

The Government&#39s plan to clean up property selling practices has been criticised by lenders for potentially costing Northern homeowners more than in the South.

Lenders claim the scheme for homeowners to provide sellers&#39 packs to buyers in England and Wales is skewed unfairly as the cost of the pack is fixed, costing more in percentage terms in the North where house prices are lower.

A nationwide fee of between £500 and £700 is planned.

Legal & General PR manager (housing) Peter Timberlake says: “I am certain that the Government will put a positive spin on the results. Sellers&#39 packs are likely to become mandatory.”

Connell Estate Agents chief executive Stephen Shipperley says: “Many people who put their house on the market just to see what it is worth end up selling. The packs will make the cost prohibitive so most will probably not bother.”

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