An increase in buyer and seller activity means that the UK is expecting to see a higher number of property transactions this year than in 2023. However, it is taking a long time to complete a sale once a property has found a buyer.
After a sale has been agreed, there is currently an average of 154 days until legal completion. In total, sellers can expect to wait seven months between putting their property on the market and moving home1.
How to improve?
To make the process more efficient, experts at Rightmove suggest ‘providing more accurate information about a home earlier to potential buyers, and better connecting the parties involved in the transacting process through technology.’
Don’t wait – list your property
Christmas may feel far away but, if you are hoping to move home by the end of the year, you may wish to put your property up for sale now!
1Rightmove, 2024
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