Material Information for Property Listings: Frequently Asked Questions
It was recently announced by National Trading Standards that certain information must be included on property listings for sales and rentals. Here we answer your frequently asked questions.
Material Information for Property Listings
Material information is defined in the Consumer Protection Regulations (CPRs) as “information which the average consumer needs, according to the context, to take an informed transactional decision”. This means any information which would impact the decision that a consumer makes in relation to the property, such as arranging a viewing, putting in an offer to purchase and proceeding with any other aspect of the process.