UK ministers aim to speed up homebuying by four weeks | Property

Ministers are trying to reduce the time required to buy a house for four weeks under new offers aiming to overhaul the home recruitment process.

The United Kingdom government will also consult the buyers plans to shift from buyers to sellers, including compelling sellers and real estate agents to provide vital information to buyers such as the status of the house and any rental cost.

The Ministry of Housing, Communities and Local Government said that the proposals aim to help to end the bad surprises that have resulted in last -minute collapse ve and that the department would save the buyers for the first time when buyers would save “average £ 710”.

The initiative began last month when he was ruled by former Deputy Prime Minister Angela Rayner, who resigned and committed on a stamp tax. Make the Housebuing process easier in February.

The new housing secretary Steve Reed said, “Buying a house should be a nightmare, not a nightmare. Our reforms correct the broken system, so that hardworking people can focus on the next part of their lives.

“Thanks to our ‘change plan’, we put more money in the pockets of the employees and make a simple dream a simple reality.”

The government did not summarize how sellers could prevent newly inflated costs from passing to buyers for the first time through higher housing prices.

The consultation process will cover the entire Britain, although the process of purchasing a home is significantly different depending on which nation is found.

For example, in England and Wales, there is no legal requirement to obtain a property survey before purchasing – but many buyers choose to assign one. However, a seller in Scotland is a Before launching the “home report” property -Unless there is a new home.

The consultation process will also examine the offering an option for buyers and sellers to sign binding contracts.

The government said that it would help to reduce the number of unsuccessful transactions, so “precious time and money is not wasted and avoids heartbreak and stress for hardworking people looking for perfect house”.

However, the systems are changing in the United Kingdom. A property intake is legally binding in the UK after amendments have been changed for more than six weeks. In Scotland, this process usually works much faster.