Submitted on Monday 17th May 2021
Rejected on Monday 24th May 2021
Current status: Rejected
Rejection code: no-action (see below for details)
Reform the residential property buying and selling process in England and Wales.
Remove risks to buyers/sellers. Remove wasted costs.
Seller conducts full survey and publishes results when marketing property. When an offer is agreed it is legally binding. Buyers must provide % deposit. Estate agents better regulated + pay compensation to buyer/seller if provide misinformation.
Unprecedented volume of residential property purchases/sales from summer 2020/2021 has exacerbated flaws in the process:
House purchases/sales are biggest financial decisions in the lives of most. The process for buyers and sellers is high risk, expensive, cumbersome and inefficient as many are in chains for months. Costs climb as buyers and sellers pull out of deals. Severe impacts on mental health and wellbeing of failed transactions and 'living in limbo' waiting for transactions to finish.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
We understand you'd like changes to the housebuying process, but we're not sure what you mean by 'Remove wasted costs.' and we're not sure how you'd like estate agents to be regulated.
You might like to sign this petition:
petition.parliament.uk/petitions/572136
3.144.90.192 Wed, 20 Nov 2024 08:24:46 +0000
