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Insight from our Sales Progression Manager, Chelsea Edwards...
If you’ve ever sold a home, you’ll know that waiting for things to move along can be one of the most frustrating parts. You’ve found your buyer, the offer’s agreed… and then everything slows down. Weeks can pass while searches are carried out, documents are chased, and updates take longer than they should.
The good news? The government has just announced nearly £2 million in funding to help fix exactly that - with a focus on modernising conveyancing and improving how property information is shared.
The funding will support projects aimed at speeding up transactions, reducing delays and cutting down on the number of sales that fall through. Two key initiatives will benefit:
Land Data will receive almost £1 million to create a new framework for faster, more efficient property searches.
The Council for Licensed Conveyancers (CLC) has been awarded over £740,000 to develop a digital framework that allows verified property data to be shared securely between all parties, from agents and conveyancers to lenders and buyers.
It’s all part of a push to make the moving process more transparent and connected, so buyers and sellers spend less time waiting and more time moving forward.
As someone who spends every day managing the sales progression process, I see first-hand how small inefficiencies can snowball into big frustrations. A search that takes a few extra weeks, a delay in a document being shared... it all adds up and can be the difference between a sale completing smoothly or falling through entirely.
As firm advocates of change in this sector, our team fully support improvements that give sellers greater security when accepting offers and buyers fairer timescales. If these new systems deliver what they promise - faster data sharing, clearer communication, and less duplication - it could make a huge difference for both buyers and sellers. Fewer hold-ups, fewer surprises, and a much more joined-up process overall.
Change like this doesn’t happen overnight, but it’s encouraging to see real investment going into solving the problems that have held the market back for too long. Anything that helps people move home with a little more confidence is a step in the right direction and we can’t wait to see how this develops!
To learn more about the dedicated sales progression we offer as part of our service for those selling homes in Cardiff, click here.
The information contained within this article was correct at the date of publishing and is not guaranteed to remain correct in the present day.
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