The government is launching a review with an aim to simplify and speed up the process of buying a property.

Government planning process changes

For many buyers, purchasing a property is stressful, especially if the buyer is also selling a property and is part of a chain.  

Now the government is seeking feedback from the property industry to establish how the buying and selling process can be streamlined and improved.  

Communities Secretary, Sajid Javid, said: “We want to help everyone have a good quality home they can afford, and improving the process of buying and selling is part of delivering that. I want to hear from the industry on what more we can do to tackle this issue.” 

While looking at ways to make the property buying process less stressful, ministers are also looking at the possibility of banning gazumping.   

The Communities Secretary intimated that the government may take advantage of low interest rates and look to borrow to building more housing.  

Meanwhile, the Autumn Budget will be published on 22th November 2017.  

To get more information, click the link below: 

City A.M.

About the author

Nicolas Holmes

Nick joined Robert Holmes to inject fresh ideas and help grow the New Homes department of Robert Holmes as well as helping to inject technology into the business and to grow its client base. Together with one of the Directors Nick is in charge of all Development opportunities that Robert Holmes deals with along with sales. Aged 40, he provides succession together with the two existing directors. Nick has always been focused on building client relationships and sales. He built up his own gallery in Chelsea, where he had a loyal following of customers and artists.

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