What Can Slow Down The Selling Of Your Home?

We all want to be able to sell our home as quickly as possible, as long as it is for the right price. Here at Burgh Thorpe Solicitors, we can help you sell your home quickly and efficiently. This is possible by instructing our property solicitors in Peterborough as soon as possible. It is also achievable by having the paperwork prepared and ready to go. However, there are still things can slow down the selling of your home. They are what our conveyancers look at in this blog post.

• Have you looked at the market conditions? If it is a buyer’s market, for example, it might mean that your property will be listed for longer than you might expect.

• The type and price of your property could affect the speed in which you sell your home too. Properties that have a very high value, or properties that are unique will tend to have a smaller number of buyers that might be interested in your property.

• One of the most common things that will slow down the sale of your home is the dreaded chain. This is where your buyer may need to sell their own property, or maybe you are waiting to buy another. This is known as a chain. You will find that the longer the chain (the more properties involved) the more potential places there are for delay or even for the house sale to fall through.

• Our conveyancers here at Burgh Thorpe Solicitors are your local trusted solicitors for conveyancing so you can rest assured that everything runs as smoothly as possible. However, if you don’t choose a trusted property law firm, slow or unresponsive solicitors can cause delays and hold-ups with the sale of your property.

• The processing time of your mortgage lenders can vary. However, our property solicitors will regularly contact the lender and keep you in the loop.

• You may come across survey issues which will delay the selling of your home too. For example, a bad survey could lead to further negotiations. It could even lead to the buyer pulling out and the home needing to be relisted.

• There is a selection of legal complexities which can slow down the selling of your property. These could involve unclear titles, restrictive covenants or missing planning permission for example. Things like this can take time to resolve.

By understanding what can slow down the sale of your home, you can be prepared. Need a conveyancer in Peterborough to help with the sale of your property? Call our conveyancing specialists now.