Why create a new method of sale?
The current method is uncertain, stressful and very, very long - moving home is unsurprisingly listed as one of the most stressful life events.
The following statistics highlight the issues:
The chance of the sale falling through is 31%*
For the rest that go through, the average sale in England according to Rightmove takes 154 days
Why is the chain such an issue?
Move without a chain and the chance of exchange is 76%*
Move in a ‘small chain’ of 3 and this chance drops to 44%*
It’s impossible to improve the certainty of the sale without addressing the chain.
Why provide information up front?
Providing key information up front can reduce the timescale by up to 70%**
A lack of information and fragile chains create and compound issues causing delays and sales to collapse.
*Data from Homesellingexpert.co.uk **Data from Moverly