Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, pursuant to the Answer of 28 February 2022 to Question 125519 on Gazumping, what progress his Department has made on encouraging the adoption of voluntary reservation agreements since February 2022.
Earlier this year, we signalled our intent in the Levelling Up White Paper to work with industry to improve the home buying and selling process.
Whilst specific policy proposals will need to come forward as part of that initiative, we are now in the process of developing a more detailed plan and will draw upon previous collated research, analysis and data to inform our approach.