Residential landlords in the UK who are looking to add to their rental portfolios could be among those to be encouraged by recent discussions about the home buying process.
The Building Societies Association (BSA) said the housing industry can work together to make the process of buying and selling property easier.
A recent thought leadership discussion saw the organisation meet with representatives from conveyance firms, estate agencies and consumer bodies to discuss where the housing industry and the government should be looking to aim.
According to the BSA, the recent change in government means there is now an opportunity to “get reform right”.
Paul Broadhead, head of mortgage policy at the BSA, said: “Consumers need to be put back at the heart of the home buying and selling process.
“The new government has acted swiftly since coming to office suspending Hips within its first few weeks. Work must continue to ensure customers receive better value and an improved experience. A key component in reforming the process remains providing the right information to the right person at the right time.”
Posted by James Curtis
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