Editor's note: This brief was summarised by The Property AI Team from a report by PropertyWire. Read the original article for full details.
Rightmove: Conveyancing Delays Are Main Cause of Property Transaction Hold-Ups
Rightmove research has found that conveyancing delays are the primary reason for property transaction hold-ups, with 37% of movers identifying this as the main issue.
In response, Rightmove has launched an education programme aimed at encouraging agents to help clarify the home-moving process for both buyers and sellers.
This development is relevant for UK letting agents and inventory clerks, as it highlights the importance of clear communication and process transparency in property transactions.
Source: PropertyWire