Buying or selling a home can already feel stressful, but a few common problems during the conveyancing process can quickly throw a move off track. Today Phil and Sarah from Napthens Solicitors are discussing how to protect your property purchase, exploring some of the most common pitfalls that buyers and sellers encounter, from gazumping and delays to collapsed property chains.
Understanding these risks can help you stay one step ahead and avoid unnecessary setbacks during your property journey.
Whether you’re buying, selling, or part of a property chain, this episode will help you navigate the challenges that can arise during conveyancing. For more on the legal process of a property sale, head over to our channel for episodes that deep dive into every stage.
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👉 VIDEO TIMESTAMPS ⏳
Chapters
- 00:00 Introduction
- 00:26 Why property deals fall through
- 01:34 The importance of momentum and speed
- 02:37 Gazumping explained
- 03:39 Gazundering and how it affects sellers
- 04:19 Protecting yourself from gazumping and gazundering
- 05:42 Managing property chain issues
- 07:26 Common holdups and delays in transactions
- 07:53 How to handle survey results
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