Don’t lose out financially if home sale falls through
SO, YOU’VE found a home you want to buy and you’re ready to put in an offer. It’s then that you start paying for solicitors, surveyors, mortgage advisers and other services to help you with your purchase.This soon adds up to thousands of pounds – a big investment that could be lost if the purchase falls through.
Frustratingly, conveyancing completion statistics indicate that one in three property transactions fail.
A recent survey conducted by emoov in August 2015 indicated that 13% of buyers experienced gazumping during their purchase (down from 22% in 2014).
To help give our clients peace of mind when going through this stressful time, Turbervilles Estate Agents as part of Turbervilles Solicitors, offer free insurance for home buyers and sellers which can protect you in the event of being gazumped, or if the seller changes their mind.
When you instruct Turbervilles, your standard conveyancing package will automatically include a home buyers’ or home sellers’ insurance policy which covers you for up to £1,500 in the event that your transaction fails to complete, subject to the policy terms.
The policy has one main aim in mind; to reimburse the costs that would have been lost if a property purchase falls through for the new buyer.
Even though there are between 750,000 and 1,000,000 successfully completed residential transactions per year in the UK, there are still more than 170,000 transactions
PEACE OF MIND:
Turbervilles estate agents, which has branches in Hillingdon (above) and Uxbridge (right) is offering free insurance to protect buyers and sellers if their sale or purchase is aborted.
that fall through.
On average, each of these aborted transactions costs the consumer £9966 in abortive solicitors’ fees, survey fees, , mortgage lenders’ arrangement fees and disbursements.
This is why we are really pleased to be the only firm in the Uxbridge area to offer our clients home buyers’ or sellers’ protection.”
So if you want to have all-important t peace of mind when buying or selling your home, call 01895 231311 to find out how Turbervilles can help you.