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1664650

	registered interest
	date	13/10/2023
	answering body	Department for Levelling Up, Housing and Communities
	answering dept id	211
	answering dept short name	Levelling Up, Housing and Communities
	answering dept sort name	Levelling Up, Housing and Communities
	hansard heading	Housing: Sales
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Levelling Up, Housing and Communities, if he will bring forward legislative proposals to require buyers and sellers to be compensated when the other party withdraws from an agreement to purchase a residential property.
	tabling member constituency	Warrington North
	tabling member printed	Charlotte Nichols
	uin	202503
	answer	answer is ministerial correction date of answer 24/10/2023 answer text <p>If a buyer or seller pulls out of a transaction once contracts have been exchanged, they are often already legally obliged to pay compensation to the other party. The amount of compensation will depend upon the individual contract, but it is intended to go towards costs accrued in the transaction, such as legal costs and search fees. Home buyers and sellers are also able to voluntarily enter into reservation agreements in advance of exchange, which can provide protection when property transactions fall through.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 24/10/2023 10:53:23 answering member 4668 label Biography information for Rachel Maclean
	tabling member	4799 label Biography information for Charlotte Nichols

1627296

	registered interest
	date	12/05/2023
	answering body	Department for Levelling Up, Housing and Communities
	answering dept id	211
	answering dept short name	Levelling Up, Housing and Communities
	answering dept sort name	Levelling Up, Housing and Communities
	hansard heading	Housing: Sales
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Levelling Up, Housing and Communities, if his Department has made an assessment of the potential merits of introducing a blind bidding system for purchasing houses.
	tabling member constituency	Leeds North West
	tabling member printed	Alex Sobel
	uin	184840
	answer	answer is ministerial correction date of answer 22/05/2023 answer text <p>In last year's Levelling Up White Paper, we committed to improving the availability of upfront property information in a digital format. We will set out further steps in due course.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 22/05/2023 16:07:46 answering member 4668 label Biography information for Rachel Maclean
	tabling member	4658 label Biography information for Alex Sobel

1612242

	registered interest
	date	19/04/2023
	answering body	Department for Levelling Up, Housing and Communities
	answering dept id	211
	answering dept short name	Levelling Up, Housing and Communities
	answering dept sort name	Levelling Up, Housing and Communities
	hansard heading	Housing: Sales
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Levelling Up, Housing and Communities, if he will make an assessment of the implications for his policies of the balance of risk between the buyer and seller of a house when entering a contract.
	tabling member constituency	Bristol West
	tabling member printed	Thangam Debbonaire
	uin	181533
	answer	answer is ministerial correction date of answer 24/04/2023 answer text <p>The Government is committed to reforming the home buying and selling process and has set its intent to work with industry to ensure the better availability of essential property information upfront, in a digital format. As a result, buyers will have all the critical information they need to know before making an offer on a property, which should lead to an increased level of commitment once an offer is accepted.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 24/04/2023 14:58:01 answering member 4668 label Biography information for Rachel Maclean
	tabling member	4433 label Biography information for Thangam Debbonaire

1608514

	registered interest
	date	29/03/2023
	answering body	Department for Levelling Up, Housing and Communities
	answering dept id	211
	answering dept short name	Levelling Up, Housing and Communities
	answering dept sort name	Levelling Up, Housing and Communities
	hansard heading	Housing: Sales
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment his Department has made of the trends in the number of house sales in the housing market in the last six months; and what steps his Department is taking to help increase the number of property sales.
	tabling member constituency	Southport
	tabling member printed	Damien Moore
	uin	176709
	answer	answer is ministerial correction date of answer 21/04/2023 answer text <p>Information about property sales in the UK is published every month by HM Revenue and Customs and can be found <a href="https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fstatistics%2Fmonthly-property-transactions-completed-in-the-uk-with-value-40000-or-above&amp;data=05%7C01%7CParliamentary%40levellingup.gov.uk%7Caaf417b5acec4c6eb4a208db4188bb1b%7Cbf3468109c7d43dea87224a2ef3995a8%7C0%7C0%7C638175827718842915%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=f6CX6s9we6tzUHFDZuAVoZsQ6k298%2BiXsEPKi0yvbe0%3D&amp;reserved=0" target="_blank">here</a>. We committed to improving the home buying and selling process in the Levelling Up White Paper, by working with industry to ensure that potential buyers have access to critical information in an accurate and timely digital format.</p> answering member constituency Redditch answering member printed Rachel Maclean question first answered 21/04/2023 11:07:13 answering member 4668 label Biography information for Rachel Maclean
	tabling member	4669 label Biography information for Damien Moore