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Greater independent regulation and oversight throughout buying a new home

Submitted on Wednesday 15th June 2016

Published on Tuesday 21st June 2016

Current status: Closed

Closed: Wednesday 21st December 2016

Signatures: 29

Petition Action

Greater independent regulation and oversight throughout buying a new home

Petition Details

Stressful enough, the process of buying a new house is fraught with legal traps and hidden charges for the consumer, where developers have free-reign to act as they please. Just like the majority of other industries, we need a body to provide advice to consumers and help when things go wrong.

Additional Information

Buyers being forced to queue in the freezing cold overnight for the right to reserve a property should not happen in the 21st Century, and neither should waiting almost a year trapped, having legally exchanged contracts, to move in.

Thanks to schemes like help-to-buy it is getting easier for first time buyers to purchase, and new-build properties are the key. The NHBC is there to help when you've moved in, but we need an independent regulating body to help through the process of purchasing.


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