In order to ensure that people selling their homes continue to make an Energy Performance Certificate available to prospective buyers, we have also laid before Parliament the Energy Performance of Buildings (Certificates and Inspections) (England and Wales) (Amendment) Regulations 2010 which introduce a number of new requirements including:
a new duty on the seller to secure that an energy performance certificate (EPC) has been commissioned before marketing of the property commences where no such certificate is already available
an EPC has been commissioned when a Domestic Energy Assessor has been instructed to prepare the EPC and the EPC has either been paid for or has given a clear undertaking to pay for it
a new duty on the person acting on behalf of the seller to be satisfied that an EPC has been commissioned before commencing marketing
a new duty on both the seller and a person acting on their behalf to make reasonable efforts to secure an EPC within 28 days
all of the new duties carry fixed penalties where somebody fails in the duty conferred on them by the new regulations
While still down on the long-term national average, this increase in sold
properties sharply reverses the drop in transactions last month.
House prices continued to fall in June, down 0.5% on May levels. This is
mainly a result of sellers finally coming to terms with buyer demand for greater
price discounts. The good news is that the oversupply in the market, prevalent
last month, is now reducing. Annual prices are 7.7% above a year ago, down from a 9.1% annual rise last
month.
Junes transaction figures are the highest this year and suggest last
months stalemate between sellers and buyers failing to agree terms is on the
wane. We cant discount further house prices falls over the next few months, as
the market continues to stabilise and normalise. However the demographic age
profile of the UK suggests there is an army of over one million would-be
first-time buyers delaying purchases, who are ready to enter the market when
conditions allow. This suggests the current drop in house prices may well be
short lived. The key to recovery is more attractive first-time buyer mortgage
deals offered by lenders.
An immaculately presented three bedroom detached bungalow located on the outskirts of Redruth which offers excellent access to a good range of local amenities including schools in addition to the A30.
Internally the property has been finished to an exceptional standard and offers three double bedrooms in addition to a large lounge diner, fitted kitchen and bathroom. The double glazing has been replaced to UPVC.
Externally there is an attached garage, with additional parking on the drive and beautiful landscaped gardens to the rear of the property. This area is extremely attractive and is enclosed with a useful garden shed and access to the garage and front of the bungalow. The garden also offers a good deal of privacy, making it ideal for children, pets and entertaining.