Home buying and selling to become quicker and cheaper
- Published: 09 February 2025 at 9:23AM
- Source: UK News and communications
The government has today announced a package of measures to make buying and selling homes quicker and cheaper.
The measures include:
- A new online conveyancing platform that will streamline the process of buying and selling homes.
- A new electronic land registry that will make it easier to track the ownership of land and property.
- A new property ombudsman to resolve disputes between buyers and sellers.
The government says that these measures will save homebuyers and sellers thousands of pounds and will make the process of buying and selling homes much less stressful.
The new online conveyancing platform will be launched in 2023. It will allow buyers and sellers to track the progress of their transaction online and will make it easier to communicate with their conveyancer.
The new electronic land registry will be launched in 2025. It will make it easier to track the ownership of land and property and will reduce the risk of fraud.
The new property ombudsman will be launched in 2026. It will provide a free and independent service to resolve disputes between buyers and sellers.
The government says that these measures will make a real difference to the lives of homebuyers and sellers. They will save time, money and stress and will make the process of buying and selling homes much more efficient.
Reaction
The measures have been welcomed by the property industry.
The National Association of Estate Agents (NAEA) said that the measures would “make a real difference to the lives of homebuyers and sellers”.
The Royal Institution of Chartered Surveyors (RICS) said that the measures were “a step in the right direction”.
Further information
For more information on the government’s plans to make buying and selling homes quicker and cheaper, please visit the GOV.UK website.
Home buying and selling to become quicker and cheaper
The AI has provided us with the news.
I’ve asked Google Gemini the following question, and here’s its response.
UK News and communications a new article on 2025-02-09 09:23 titled “Home buying and selling to become quicker and cheaper”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
7