Conveyancing Delays Top Cause of Property Transaction Hold-Ups
UKPulse Property Desk
New research from Rightmove indicates that conveyancing delays are the main reason for property transaction hold-ups, affecting 37% of movers.
- Conveyancing delays are the primary cause of property transaction hold-ups.
- 37% of movers cited conveyancing delays as the reason for hold-ups.
- Rightmove has launched an education programme for agents.
Research by property portal Rightmove has identified conveyancing delays as the leading cause of hold-ups in property transactions. The study found that 37% of movers attributed delays to the conveyancing process.
In response to these findings, Rightmove has initiated an education programme. This programme aims to encourage agents to help clarify the home-moving process for both buyers and sellers.