Half of consumers less likely to buy or rent a property with missing information

News at Waterfords | 09/03/2022




Half of consumers less likely to buy or rent a property with missing information

Waterfords Estate Agents in Camberley, Chobham, Fleet and Yateley bring you the latest changes in the property industry to allow you to make an informed decision about selling or letting your property.

Did you know that from the end of May 2022 all property listings for both sales and rental property must include a property’s price, council tax band or rate and for sales, the tenure information?

The new rules, announced by the NTSELAT, are the result of their research which found 90% of home movers and renters would prefer to find detailed information when searching on a portal to buy or rent a property.

Later changes are set to be backed by legislation and will make compulsory the inclusion of details including utilities, flooding risk and non-standard features such as restrictive covenants.

Over half of consumers (54%) said they would be less likely to buy or rent a property where information was missing on a property portal. That is why is vital to have detailed information on property listings to ensure sellers and landlords get the best possible offers for their property.


 

Choose your trusted estate agent in Camberley, Chobham, Fleet and Yateley

Waterfords Estate Agents go the extra mile for their customers and that’s why we are in the top five estate agents for customer service in the whole UK on Trustpilot. Our property marketing staff undergo regular training on legislation to ensure that all properties are marketed to the very highest standard and give buyers and tenants detailed information.

Trust Waterfords to market your home to let or for sale in Surrey, Hampshire and Berkshire. If you have any questions about selling or renting your property or are curious about the value of your home, then get in touch with our team for a free, no obligation conversation. Call our friendly team on 01252 235348 or email info@waterfords.co.uk

Source: Dataloft, National Trading Standards Estate and Letting Agent Team (NTSELAT)