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HOUSE SALES TO BE STREAMLINED

The Sunday Mirror

|

February 09, 2025

And there's a boost for leaseholders too

- MIKEY SMITH

HOUSE SALES TO BE STREAMLINED

LABOUR has vowed to save homebuyers a fortune, and a lot of stress, by overhauling how property is sold.

Housing Minister Matthew Pennycook said plans to be announced today will be a game-changer for buyers and sellers alike, cutting the length of time transactions can take by getting rid of the paperwork.

He said: "By harnessing the power of technology, we can make sure fewer sales fall through and follow in the footsteps of Norway, where property transactions take just a month on average, not nearly five months which is the case here."

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