Issues With House Buying Process Highlighted

Issues With House Buying Process Highlighted

November 14, 2016
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Anyone who has ever bought their own property, or sold a property move into a new home, will probably tell you that the experience was quite a stressful one.

The Conveyancing Association has released a white paper examining the main issues with the property purchasing process in England and Wales, including looking at ways to deal with them.

A lack of transparency, a lack of certainty and delays were the main areas of concern highlighted by extensive research among property professionals including solicitors, estate agents and mortgage brokers.

Both professionals and customers found the lack of certainty in the process concerning, with last-minute exchange and completion dates, changeable moving dates and no binding contract adding to the stress.

When you need to organise a house removals service in Bristol or elsewhere, these things can make it difficult to pin down a moving date until the last minute, which is far from ideal.

The association also highlighted a number of things that cause delays in the purchase process in England and Wales, including local authority searches, anti-money laundering processes and enquiries.

By comparing the situation in England and Wales to other jurisdictions, including Scotland and the USA, the organisation has made a number of recommendations on how to make the process smoother and less stressful for all involved.

The Conveyancing Association will be hosting a conference on 1 December 2016 and is calling on professionals involved in the sector to attend to discuss its proposals and how the process can be improved for all involved.