6 October 2025, 03:29 United Kingdom: Government Reveals Plans to Speed Up Home-Buying Process.
The UK government announced plans on Sunday to streamline the home-buying process in a bid to stimulate the property market. Proposed changes include publishing search and survey information before listing properties, potentially cutting the average transaction time by four weeks from the current five-month timeline. The introduction of binding contracts for buyers and sellers is also being considered, which could halve the number of failed transactions. Housing remains a key priority, with a target of 1.5 million new homes to be built over the current five-year parliamentary term. A UK-wide consultation will be launched to gather feedback, though Scotland’s distinct legal framework for property transactions will remain unaffected.
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