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05.05.2022

Trading Standards New Information Guidelines

Trading standards have introduced new guidelines that you need to include in property listings. It's important you comply with these new guidelines.

 

The new guidelines include:

- Tenure (for sales only):

If freehold you must:

disclose it as a 'freehold'

If leasehold you must:

disclose as a 'leasehold', and

List the current ground rent and any review period,

List the current service charge and any review period,

List the length of lease,

If Shared ownership then disclose details of share being sold and additional liabilities,

If Commonhold then disclose details of rights and obligations.

 

- Council Tax:

Disclose:

Council tax band, and

rates payable

 

- Price or Rent

For lettings, disclose:

The monthly rent, and

Any deposit payable

 

For sales, disclose:

The price expressed as a single amount

 

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