Trading Standards Material Information Guidelines

 

On 1st July Rightmove is changing its terms and conditions relating to the new “Material Information” Guidelines.

What are the new guidelines?

Information about all “unavoidable costs” must be outlined on listings to help home movers make an informed decision about a property by understanding its true cost.

Information needs to be provided on the following:

  • Tenure; Freehold, leasehold or commonhold. For leasehold properties: information on the ground rent, service charges and length of lease.
  • Council Tax: Bands to be included for England, Wales, and Scotland (rates for Northern Ireland)
  • Price: lettings properties to include monthly rent and deposit payable. Properties for sale to include the property price. Shared Ownership properties to include details of the % share being sold and the rental cost for the remaining share.