Buying a house could be easier and quicker under government proposals published on Monday.

Under the draft housing bill, those selling properties would be required to provide key documents in information packs, formally known as "sellers packs", to potential buyers.

The precise contents of the packs is the subject of one of two consultation papers also published, the other examining the effect of the packs in areas of low demand.

The bill aims to reduce the length of time taken to complete a transaction, while increasing the number of successful deals - currently, nearly a third fall through after terms have been agreed.

"We have a ridiculous system where key information needed by buyers and sellers is not available until after terms have been negotiated and agreed," said housing minister Lord Rooker.

"It is hardly surprising so many transactions run into delays and that terms negotiated on the basis of inadequate information do not stick.

"We are going to put this right by ensuring key information is available up front at the start of the transaction process in the home information pack, therefore making the home buying and selling process more transparent, more certain, faster and consumer friendly."

Provision of the packs would be made compulsory, with those failing to do so facing civil sanctions.

The bill also recommends that potential buyers secure "in principle" mortgage offers before making an offer on a property, which lenders and local authorities would be encouraged to make quicker.

Along with the 2002 Land Registration Act, those buying and selling houses would be encouraged to make use of better technology, including in electronic conveyancing.

Insurance would also be made available against gazumping.