Now more than ever there are huge incentives to keeping your home purchase or sale on track. Thanks to the pandemic, more property transactions are collapsing and the associated costs are even greater this year. You’ll need to complete by the end of June to get the full benefit of the stamp duty holiday. Here are our top tips for buyers, sellers and those stuck in a chain.
More than 300,000 property transactions fell through last year, a 12% rise compared to 2019, according to TwentyCi.
When a property transaction falls through it can make a serious dent in your bank balance. Our research has found 51% of sellers lost an average of £2,700 when a sale fell through, with a further 12% losing more than £5,000.
In February 2015, ULS Technology plc (LON:ULS) took a 35% share in HomeOwners Alliance, a website offering information and services to UK homeowners and prospective homeowners. Gresham House Strategic PLC (LON:GHS) has a 6.56% stake in ULS Technology.