Long delays in the time it takes to buy a house or flat
could be reduced, under government plans for homebuyers in England and Wales.
Currently it can take up to three months between an offer being put in and
contracts being exchanged. During that time, buyers can be "gazumped"
by others - meaning their offer is trumped by a rival purchaser. The government
is planning to start an inquiry into the selling process within the next few
weeks. Read more on the BBC website.
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