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Buyers would no longer have to foot the bill for costly building and pest inspections, under a plan to be announced by the Victorian premier, Jacinta Allan, later this morning.
Allan will announce that if Labor is re-elected in November, it will develop a mandatory building and pest inspection scheme, with legislation to be introduced to parliament in 2027. Under the plan, vendors would be required to organise and pay for the inspections and make the reports available to all potential buyers.
Some buyers spend thousands on multiple reports. Some roll the dice and go without. When you buy a car, the seller pays for the roadworthy. It should work the same way when you look for a home.
Doing the due diligence for your big purchase should be as simple and affordable as possible. We’ll do the work to make sure our scheme is watertight and protects buyers from conflicts of interest.
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