When Buying a Property Goes Wrong

When you're buying a new home, it's easy to get caught up in the excitement and let yourself get carried away before the deal is complete.     Losing your dream home can be devastating and even when you do everything right, there is always a possibility that the transaction will fall through.    But don't worry, property expert and founder of Move iQ, Phil Spencer, has got you covered. On episode 7 of the Move iQ podcast, Phil and his co-host, Chris Ducker, explore what happens when property buying goes wrong.     Although there's no telling what the future holds when it comes to buying a property, it's worth being prepared as a buyer so you know what to expect and how you can try and reduce the risk of things going wrong.    Listen in to find out: Why transactions go wrong   What you can do to try and save a deal that looks like it could go wrong  Why you need to re-connect with existing agents and update them on your situation  The importance of not losing hope and treating the experience as a lesson learned  How to reduce the risk of things going wrong  Who to take advice from in this situation and why?    Thank you for listening to the Move iQ podcast! If you're enjoying the show, don't forget to subscribe via your favourite podcast app to make sure you never miss an episode!     For free resources, materials and tips for buying a house, renting, selling and moving, head over to www.moveiQ.co.uk   Are you sure you've found the right property?  Phil Spencer's Property Report can help you decide! Your tailored Property Report reveals vital property-specific and local area information to help you form a rounded opinion on the suitability of a specific property you may be considering. To find out more about Phil's Property Report, click here.      We want to thank the sponsor of our show: GoTo offer a nationwide network of services from mortgages to surveys, conveyancing as well as online property auctions. You will receive a competitive quote that comes with a price promise and you can speak directly to a member of the GoTo award winning team, who will help with any query you have during you move whichever service you use.      Find out more about Move iQ  To find out more about Move iQ, you can visit our website, where you can register to receive offers and benefits, and sign-up to receive our exclusive monthly newsletter.  Please also connect with us on Facebook, Instagram, Twitter or LinkedIn.  If you have any questions for Phil or any special requests for topics to cover on the podcast then please use #AskPhilMoveiQ on Twitter or send an email to [email protected].  We've also got lots of great videos over on YouTube, so be sure to subscribe to our channel and let us know what you think.