The Government has announced a set of policies billed as “the biggest shake-up to the homebuying system” in England’s history – but experts have reacted skeptically as to whether they will have the planned impact.

Changes highlighted include requiring property sellers and estate agents to provide more information when a home is listed for sale, which it says will reduce the need for buyers to carry out searches and surveys.

A listing would also need to include specific details about the condition of the home, leasehold costs and whether the sale would be part of a property chain.

At the same time, buyers and sellers would have the option to sign binding contracts that would end the practise of parties pulling out of agreements months into the sale process.

The Government claims t

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