How the right information at the right time can help homebuyers dodge common property pitfalls

Key guidance on buying and selling properties unveiled by the government was yesterday endorsed by the Law Society of England and Wales, as it called for greater transparency in the conveyancing process.

“Consumers need to know more about the process for home buying and selling, including and understanding the information they should be looking for,” said Law Society president Christina Blacklaws.

“The Law Society is committed to making the process more open, transparent and efficient. We are working with government and other stakeholders to make improvements – including contributing to the creation of the guides.

“Having a common point of reference for consumers will help them navigate successfully navigate what can often be a complicated and stressful process.

“Professionals and consumers can now refer to the same standardised set of guidance.”

The guides include detailed steps on how to complete a property transaction, where to find further information, and the organisations which can help.

“Buying or selling a home is one of the most important decisions people will make. The more information that is provided early in the process the more likely it is that they will be able to make informed choices and crucially, to avoid the common pitfalls.”

 

Credit: Liam McCafferty | The Law Society

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