Home Buying and Selling · The cost.of buying a house and moving Help to Buy schemes — FAQs...
Transcript of Home Buying and Selling · The cost.of buying a house and moving Help to Buy schemes — FAQs...
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Making the process quicker, cheaper and less stressful
Matt Prior
Home Buying and Selling
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Quicker, cheaper and less stressful……
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Slow, expensive and way more stressful……
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Government Research
Research with 2000 recent home buyersDelays• 38% buyers and 41% of sellers said time from offer to
exchange was longer than they expected• Of those who experienced delays 40% faced extra costsMistrust• 33% of buyers thought seller would change their mind• 46% of sellers thought buyers would change their mindUncertainty• More than 2/3 of buyers and sellers were concerned
that they would not make to completion following acceptance of offer.
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Estate Agents
Making complaints
Referral Fees
Further regulation
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Conveyancing
Making an informed choice
Property searches
Using same conveyancer
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E-conveyancing
Is anything lost?
Facilitating development
Public datasets
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Mortgages and lenders
Decision in principle
Further improvements
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Educating Buyers and Sellers
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Better information at point of sale
‘Sale ready’
Contacting leaseholders
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Increasing Commitment
Reservation agreements
Tackling gazumping
Increasing confidence
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Leasehold
Information from freeholders
Standard Forms
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Buying a New Build
Improving customer experience
Securing mortgage offer
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Next Steps
www.gov.uk/government/consultations/improving-the-home-buying-and-selling-process-call-for-evidence