“Too complicated”, “slow” and “needs modernising” – survey condemns UK property system

UK property system

A new survey of property owners has highlighted some overwhelmingly negative opinions of the UK property system!

The UK property system or conveyancing system as its formally know – the process of buying and selling property has been put into question….

The study, which was commissioned by Landmark Information Group, stated that 42% felt their experience of buying and selling property was too complicated and slow, and 23% felt it was in need of modernisation.

Danny Luke, Quick Move Now’s Managing Director, commented:

Once an offer has been accepted on a property, it still takes an average of 10 weeks for a sale to go through – it can take much longer – which for many people is simply unacceptable. If you’re relocating, trying to sell an inherited property, wanting to secure the property of your dreams or are going through a relationship breakdown, selling your current property on the open market can be an unnecessarily long and painful process.

As a cash buyer, we’re able to buy our customers’ properties in as little as seven days, which means we offer an invaluable service for a huge number of people. We are often contacted by people who have had their property on the open market with an estate agent, but who simply cannot afford to wait to find a buyer, knowing that securing a buyer and accepting an offer is still far from the end of the journey and by no means a guarantee that the sale will successfully progress to completion.

Around one in five property sales fall through before completion, and with chain collapse remaining a prominent factor in many sales that fall through, unnecessary delays in the conveyancing process are likely costing many homeowners a successful sale.

If you’ve got a property to sell and want to secure a quick and guaranteed cash purchase, Quick More Now – the UK’s original and largest cash home buyer – could buy your house in as little as seven days. Fill out our  form for your free, no-obligation estimate.

This content was written by Quick Move Now
Published on 15th December 2015
Last updated on 6th August 2018


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