17
Apr
Code altered by HBF
Homebuyers could see the benefits after the Home Builders
Federation (HBF) announced changes to its Code of Conduct.
Such amendments should mean that any discounts in the buying
process are made clearer to both service providers and consumers,
the organisation argued.
And executive chairman Stewart Baseley said the alterations were
devised following input from members of the HBF and other lending
experts.
"It is vital that the industry does all it can to help potential
home buyers secure support from lenders to assist as many customers
as possible to realise their wish to purchase a newly-built home,"
he commented.
Concerns had been raised by the police that prices of such new
dwellings could have been clouded because they are being sold off
plan before completion, Building.co.uk had said.
According to the HBF, its members carry out work on about 80 per
cent of the properties undertaken on a yearly basis.