Material Information: What Buyers Need to Know

Material Information: What Buyers Need to Know

What’s ‘material information’, and what role does it play in the process of selling a property? Let’s find out.

Material information saves everyone time by letting buyers know as much as possible about a property from the outset.

You’ll find material information in a property’s online listing. It includes details such as:

• Council Tax or domestic rates
• EPC rating
• Asking price
• Tenure – such as freehold or leasehold
• Property type – such as bungalow or semi-detached
• Construction materials
• Number and type of rooms
• Information about electricity, water, sewerage and heating
• Broadband
• Parking

Sellers are also expected to reveal other details about the property, if relevant, such as:

• Building safety issues
• Tree preservation orders or historic listing
• Rights and easements
• Flood or erosion risks
• Planning permission or proposals

If you’re planning to move, let us talk you through what’s involved in preparing your home for sale. Contact us today.