Material Information: What Low Fell Sellers Need to Know

Material Information: What Low Fell Sellers Need to Know

Property Sarah Mains 8th July 2024

Before you list your home, be prepared for your estate agent to go on a fact-finding mission.


They’ll ask you lots of questions about your property because they’re following industry best practice by compiling what’s known as ‘material information’.


This is defined as “information which the average consumer needs, according to the context, to make an informed transactional decision”.*


In other words, material information saves everyone time by letting buyers know as much as possible about a property from the outset.


It helps prevent a buyer from getting cold feet and pulling out of a sale because new information has come to light. It also helps build trust between buyer and seller.


Where to find material information


You’ll find material information included in a property’s online listing. Agents also often provide an information sheet containing this information before a viewing.


Trading Standards states that material information must be accurate and not set out to pull the wool over a buyer’s eyes. 


If new details become available at any stage, an agent should update the material information in a timely manner. 


What’s included in material information


Here’s a guide (albeit not an exhaustive list) as to what should be included in all property listings.


• Council Tax or domestic rates

• EPC rating

• Asking price

• Tenure – for example, whether the property is freehold, leasehold or shared ownership 

• Property type (e.g. bungalow, semi-detached)

• Materials used in construction such as a thatched roof or timber-framed windows

• Number and type of rooms

• Information about electricity, water supply and sewerage; making reference to features such as solar panels, boreholes or cesspits

• Heating, such as a gas boiler, heat pump or wood burner. If there is a communal heating system in a block of flats, supply information about how charges apply

• Broadband

• Parking


Other relevant information


There’s another category of information that should be included, but only if it’s relevant to the property in question. This includes:


• Building safety issues such as unsafe cladding or the presence of asbestos

• Restrictions such as tree preservation orders or historic listing

• Rights and easements such as public footpaths or bridleways

• Risk of flooding or coastal erosion

• Planning permission or proposals that would affect the property. For example, if land next to a property is to be developed

• Accessibility adaptions such as ramps or lifts


Be prepared


When you decide to sell your home, it’s helpful to get together any information or documents you have that are relevant to the property, including the title deeds (so that an agent can check if you have the right to sell the property). 


This will save everyone time and help your property get to market sooner.


If you’d like a free property valuation, contact us here at Sarah Mains Residential today to Book a Free Property Valuation.


* Consumer Protection from Unfair Trading Regulations 2008


Newcastle Office
119-121 St George's Terrace
Newcastle upon Tyne
0191 240 3333

Low Fell Office
4 Beaconsfield Road
Low Fell
0191 487 8855

Whickham Office
8-10 The Square
Newcastle upon Tyne
NE16 4JB 

0191 488 9999

About Us

Sarah Mains Residential Estate Agent | Branches throughout Newcastle and Gateshead. 

Open 9am to 5pm Monday to Friday and 9am to 1pm Saturdays

2021 © Sarah Mains Residential Sales & Lettings. All rights reserved. Terms and Conditions | Privacy Policy | Cookie Policy | Complaints Procedure | CMP CertificateDisclaimer
Sarah Mains Residential Ltd. Registered in England & Wales.  Company No: 04324202.  Registered Office Address: 8-10 The Square, Whickham, Newcastle Upon Tyne NE16 4JE . 
Sarah Mains Residential (Whickham) Ltd. Registered in England & Wales.  Company No: 05774118.  Registered Office Address: 8-10 The Square, Whickham, Newcastle Upon Tyne NE16 4JE . 
Sarah Mains Residential (Newcastle) Ltd. Registered in England & Wales.  Company No: 04919065.  Registered Office Address: 8-10 The Square, Whickham, Newcastle Upon Tyne NE16 4JE . 

Update Cookies Preferences