I just bought a house from offer to completion in 7 weeks and 2 days so it can be done but I will say my solicitor was 'stand out'. Communicative, efficient and proactive
There is a lot wrong with the home buying/selling process. The fact that the mortgage in principle runs out after 6 months The banks can disagree on the value of a home and refuse to lend to the buyer, when the sellers bank has already approved the sale. The RICs survey is not worth the paper it is written on and more in-depth surveys cost thousands. The fact that gazumping is allowed. The fact that you have to wait for the key to be released on the day, which can result in the removals van having to wait or unload your property onto the street! All of these have happened to me!
Thanks so much for having me back on the series. Always amazing to catch up. Please do fill in the survey before 30th September if you can. The more examples and insights we can share helps evidence how much we need this to change 🙏🏽
There is a lot wrong with the buying and selling process, from lack of trust in estate agents, valuations, the ridiculous amount charged for selling a house by the agents, the "one trick pony" play of the agents - reduce the price if it doesn't sell in 6 weeks. How come a house is worth, say, £500k when valued, but in 6 weeks it's worth £25k - 50k less? It seems to me that all the "professionals" involved in the process have very different expectations than the customer.
@@t4bs594 Get 2-3 valuations to settle on a realistic number that's somewhere in between. If it's worth more or the demand in your area is high, people will offer you over asking.
Im into my 6th week of getting an historical charge taken off a property im buying. Why is this taking so long?? My solicitor has to keep chasing it up but never gets an update from the sellers solicitor. Im at the end of my tether with this now and feel i cant do anything about it 😡
In portugal i arrived ,viewed and paid for a property ,all done in a week ,last month in thr uk it took 16 weeks ,,useless scared they dont tic the right boxes Racked off
Have your say, complete the survey before 30th September 2024 👉 www.surveymonkey.com/r/OPDA2024
I just bought a house from offer to completion in 7 weeks and 2 days so it can be done but I will say my solicitor was 'stand out'. Communicative, efficient and proactive
Solicitors are the fly in the ointment. They are not know for speed
There is a lot wrong with the home buying/selling process.
The fact that the mortgage in principle runs out after 6 months
The banks can disagree on the value of a home and refuse to lend to the buyer, when the sellers bank has already approved the sale.
The RICs survey is not worth the paper it is written on and more in-depth surveys cost thousands.
The fact that gazumping is allowed.
The fact that you have to wait for the key to be released on the day, which can result in the removals van having to wait or unload your property onto the street!
All of these have happened to me!
Sorry to hear this but thanks for sharing
Thanks so much for having me back on the series. Always amazing to catch up.
Please do fill in the survey before 30th September if you can. The more examples and insights we can share helps evidence how much we need this to change 🙏🏽
There is a lot wrong with the buying and selling process, from lack of trust in estate agents, valuations, the ridiculous amount charged for selling a house by the agents, the "one trick pony" play of the agents - reduce the price if it doesn't sell in 6 weeks. How come a house is worth, say, £500k when valued, but in 6 weeks it's worth £25k - 50k less?
It seems to me that all the "professionals" involved in the process have very different expectations than the customer.
Many are over-valued. A house is worth what someone will pay for it, not what the agents say it is worth.
@@trildi I agree, but, how does a seller know how much to ask for?
@@t4bs594 Get 2-3 valuations to settle on a realistic number that's somewhere in between. If it's worth more or the demand in your area is high, people will offer you over asking.
@@t4bs594 www.moveiq.co.uk/advice/owning/house-value/
Im into my 6th week of getting an historical charge taken off a property im buying. Why is this taking so long?? My solicitor has to keep chasing it up but never gets an update from the sellers solicitor. Im at the end of my tether with this now and feel i cant do anything about it 😡
Great podcast 👏
Thank you 🙏🙏
In portugal i arrived ,viewed and paid for a property ,all done in a week ,last month in thr uk it took 16 weeks ,,useless scared they dont tic the right boxes
Racked off
You can buy a home in 24 hours in Estonia 🇪🇪 I believe
😯