Government aims to speed up homebuying

The government plans to cut homebuying times by four weeks and shift some costs from buyers to sellers under new proposals. Proposed changes include requiring property sellers and estate agents to provide more information upfront, implementing earlier binding contracts, and setting new qualifications and standards for agents and conveyancers. Housing Secretary Steve Reed said that these reforms should simplify the buying process, potentially saving first-time buyers an average of £710 and cutting transaction time by one month. 

BBC News (06/10/2025)   Financial Times (06/10/2025)   The Daily Telegraph (06/10/2025)   The Standard (06/10/2025)