Unexpected costs that you may incur if you decide to buy a different property...

Unexpected costs that you may incur if you decide to buy a different property...

Did you know that statistically, 30% of agreed property sales in the UK fall through? It's a scenario many have experienced or heard of, and the aftermath can be frustrating. After the upheaval of a lost property or a collapsed chain of sales, restarting the legal process feels like a daunting setback, both in terms of time and money.

Switching to a different property or renegotiating terms means starting from scratch.
From new searches and paperwork to resubmitting identification and address proofs, the process can be arduous. And if you're applying for a new mortgage, brace yourself for additional hurdles. πŸ’ΌπŸ“‘πŸ”

But why the need to reset?
Solicitors and mortgage lenders treat each purchase as a fresh start, necessitating a repeat of paperwork and checks. πŸ”„

Even if you're eyeing a different property, expect a new survey to ensure financial terms align with the revised purchase details.

Unfortunately, the repercussions extend beyond emotional strain; they hit your pocket too.

πŸ’° With costs from mortgage lenders for surveys and new applications, coupled with solicitors' fees, losing a sale becomes a costly affair, often leaving little recourse but to either bear the financial burden or reconsider your moving plans.

Enter sales progression - the indispensable role played by estate agents in navigating the labyrinth of property sales. 🏠
Acting as the linchpin, estate agents possess the unique ability to liaise with all parties involved, crucial for steering a sale towards success.

When selecting an agent, it's not just about securing the deal; it's about how adeptly they manage the intricate sale process.

Do they have a dedicated strategy overseeing every step, or do they simply cross their fingers and hope for the best once the sale is agreed?

If you find yourself grappling with a challenging sale and seeking guidance, our team of property experts is here to help.
Don't lose sleep over uncertainties; get in touch. ☎️✨


Click start to fill in the form and your local property partner will review the information you have provided and contact you as soon as possible.

Skip Lane buyers – this is for you. A rare, renovated 5-bed home on one of the area’s best roads just became available at a reduced price for proceedable buyers. This offer won’t go public and won’t last long.

Discover what’s really happening in the UK housing market this August 2025. Is the slowdown a crash or just a return to stability? Expert insights for buyers and sellers.

Moving to a new home can be an exciting adventure, but it often comes with a range of costs that can catch you off guard if you're not prepared.

Are you curious about the person behind The Avenue Estate Agents? πŸ€” Well, you're in for a treat! πŸŽ‰ We sat down with Graham to glimpse into his career in estate agency. 🏑 In this Q&A video, Graham answers some intriguing questions that shed light on his journey and passion. πŸŽ₯🌟