By Peter Lane & Partners
According to research, the latest figures show that since the beginning of the year, the average time for a property transaction to complete has reduced.
During the pandemic what we were essentially witnessing was a perfect storm of factors delaying the sale process of homes across the UK.
An initial industry lockdown followed further restrictions, which meant that the property sector was on the back foot from the off.
This wasn’t made any easier due to ever-changing Covid workplace protocols and then the introduction of the stamp duty holiday, which although welcome, led to an overwhelming level of buyer activity hitting the sector like a ton of bricks.
When you factor in the archaic legal process that hampers transactions at the best of times, the outcome was only ever going to be a considerable build-up in sales waiting to complete.
The after-sale process is a vital part of the transaction, so if you’re thinking of selling, make sure you choose an estate agent that has the ability, knowledge and experience to see the sale through to completion.
To discuss selling your home or to book a free market appraisal and valuation of your property, please contact: Huntingdon tel:01480 414800 email:[email protected] Kimbolton tel:01480 860400 email [email protected]