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Single survey plan moves forward | Single survey plan moves forward |
(about 22 hours later) | |
Plans to introduce a single survey system to the Scottish property market are to go out for consultation. | |
Ministers are proposing a scheme where sellers would have to commission a survey of their property, rather than buyers paying for multiple surveys. | |
The Scottish Executive said that despite the failure of pilot schemes, the idea had wide public support. | |
However, solicitors have expressed strong opposition to the idea, claiming that it would create new problems. | |
The plan was trialled in parts of Dundee, Edinburgh, Glasgow and Inverness. | |
However, in the first six months of the pilot, only 73 people used it. | |
According to ministers, the new system would end the current situation where buyers repeatedly pay out for an expensive series of surveys. | |
In a few years time, we will wonder why it took us so long to adopt a more common sense approach Sarah O'NeillScottish Consumer Council Have your say on the plans | |
They say it will be particularly welcomed by hard-pressed first-time buyers and will be more detailed than the valuation survey currently used by many buyers. | They say it will be particularly welcomed by hard-pressed first-time buyers and will be more detailed than the valuation survey currently used by many buyers. |
Deputy Communities Minister Des McNulty said the system would make the market fairer for everyone. | |
"Buying a home is the biggest single purchase most of us make in our lives," he said. | |
"And yet most of us rely on the mortgage valuation inspection that takes just a short time to complete and tells us very little about the property we hope to buy and make our home. | |
"We want to ensure that both buyers and sellers have better information about the condition and value of houses before offers are made. The single survey will do this." | |
The Scottish Consumer Council said the new proposals would be in the consumer's interest. | |
Sarah O'Neill said: "We are convinced that in a few years time, we will wonder why it took us so long to adopt a more common sense approach." | |
The SNP are also backing the idea. | |
However, the Law Society of Scotland said the scheme should not be compulsory. | |
The deputy Conservative leader opposes the plans | |
It claimed the system could create new problems and raised concerns over conflict of interest issues and an inability for would-be buyers to consult the surveyor. | |
Janette Wilson, convenor of its conveyancing committee, added: "Buyers currently rely on reports that are days old and the society believes it is in the public interest for a single survey report to have a limited lifespan." | |
The ELPG, a group of seven property solicitors in Edinburgh and Lothians, claimed the executive had "mis-sold" the concept to the public and said the system would make the selling process more expensive and slower. | |
Murdo Fraser, the deputy Conservative leader, said he opposed making the surveys compulsory. | |
"They are unnecessary, unworkable and could create an unfair burden on house sellers," he said. | |
"There is no evidence of any demand from the legal profession, estate agents or the general public. | |
"The pilot scheme was an unmitigated disaster - it only scrutinised 74 cases when the initial aim was to examine 2,000 cases. | |
"The scheme has been shelved in Westminster - it's a pity the Liberal Democrat/Labour pact hasn't seen sense in Scotland." |
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