It's the first time I've bought and sold. Last time it was all relatively straight forward as I bought a new build on an estate as a first time buyer.
It just seems all back to front (and please correct me if I'm being naive here)
....but an estate agent helps you decide the price, then a seller makes an offer and it's only when you have an informal agreement (when anyone can back out or a 'gentlemans agreement) that you and each and every buyer after you spends hundreds/thousands on legal fees finding out if there's anything wrong with said property, buying flipping indemnity policies against archaic rights of way or parish church fees or building Reg breaches, searches and whether the property is worth it anyway.
Wouldn't it be more sensible for sellers to have to have got all these things before accepting offers so buyers have a clear understanding of what they are buying so time and money isn't wasted? Wouldn't this help prevent soaring house prices? The stress of moving and buying is such that people don't move but if this system worked better then they'd move more frequently and the government would benefit from stamp duty revenue?
AIBU?
Please or to access all these features
Please
or
to access all these features
AIBU?
To wish that the government should sort out/ modernise the process for buying property in England? P
31 replies
judybloomno5 · 30/08/2016 02:14
OP posts:
whatyouseeiswhatyouget ·
30/08/2016 07:46
This reply has been deleted
Message withdrawn at poster's request.
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