Home-buyers warned over building reports

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Sat, 01 Sep 2012 6:23p.m.

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Kiwis are being warned to do their homework on building inspectors. Alarming new figures suggest thousands of homeowners are purchasing substandard pre-purchase building reports.

Kiwis are being warned to do their homework on building inspectors. Alarming new figures suggest thousands of homeowners are purchasing substandard pre-purchase building reports.

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3/09/2012 8:37:41 a.m.

Kat wrote:

The clauses on the reports do not stand up in a court of law. You are unable to add clauses to contract out of the Consumer Guarentees and Fair Trading Act, so while they may have put in every clause under the sun they are worthless. Take them to Court.

Also reports done for a third party (eg a home onwer) are not liable to the third party relying on it, only to the person who comissioned the report.

2/09/2012 9:04:15 a.m.

Ricardo wrote:

We had one that mentioned features the house didn't even have - suffice to say that fraud didn't get paid.

2/09/2012 8:11:10 a.m.

Wiseacre wrote:

New Zealand has gone too far down the deregulation route. It was deregulation that was at the root of the leaky building situation and got the country into this mess, failing many tens-of-thousands of home-owners. Now these so-called *Building Inspectors* aren't even up to the task of inspecting buildings, letting down even more people. We were told that *market forces* would assure building quality. They didn't. It would seem that whenever a situation is left to market forces, human greed runs rampant, corners get cut, and a few make out like bandits while everyone else is left to pay the price. Free-market fundamentalism cares not for human suffering. This country needs more regulation, not less.