66% of buyers hit stumbling blocks

Research by Which? Mortgage Advisers shows that 66% of home buyers face some form of issue while purchasing a property, with one in eight coming up against a potentially deal-breaking problem on the day of completion. It found that as many as three in ten deals collapse. With this in mind the Telegraph highlights roadblocks that might pop up and how buyers can navigate them, identifying: mortgage delays; “secret sales”, where buyers are strung along by sellers as a fall back option in case another sale falls through; and invasive plants which, once discovered, can hit values or make a home unmortgageable.

The Daily Telegraph

Posted 08/05/2018