The government’s Ministry of Housing, Communities and Local Government (MHCLG) has opened a new consultation in its efforts to find new ways to improve the process of buying and selling homes.
Buying a house has always come with a range of issues that often need addressing by conveyancing solicitors in North Wales. Over one million people a year buy a property, and a range of professionals are usually involved in this process.
Recent estimations have shown that over 120 days is the average time needed to complete a house purchase. The Ministry of Housing has deemed this to be an unacceptable length of time, since delays can cost the overall economy in the United Kingdom a significant amount of money. This timescale has significantly increased since 2007, and has been seen as one of the causes of a sluggish housing market.
Steps have been proposed to address the issues of buying timescales, and solicitors dealing with conveyancing in North Wales can support with issues such as better informing buyers and sellers and improving the competency and knowledge of the professionals involved. A series of pilot projects have been introduced this year to digitise more of the systems needed to buy a property. There are also talks about improving the overall system, with more emphasis on sellers providing clear information about the property and compelling those involved to work with conveyancing professionals.
Here at Bennett Smith Solicitors, we can provide the advice needed to successfully purchase a home. Make contact with us now to secure an appointment.
