How to Protect Your Property Purchase

Buying or selling a home can already feel stressful, but a few common problems during the conveyancing process can quickly throw a move off track. Today Phil and Sarah from Napthens Solicitors are discussing how to protect your property purchase, exploring some of the most common pitfalls that buyers and sellers encounter, from gazumping and delays to collapsed property chains. Understanding these risks can help you stay one step ahead and avoid unnecessary setbacks during your property journey. Whether you’re buying, selling, or part of a property chain, this episode will help you navigate the challenges that can arise during conveyancing. For more on the legal process of a property sale, head over to our channel for episodes that deep dive into every stage. Enjoyed this video? Want to see more? Subscribe to the channel with the link below. That way, you won't miss any future uploads. 👉 VIDEO TIMESTAMPS ⏳ Chapters 00:00 Introduction 00:26 Why property deals fall through 01:34 The importance of momentum and speed 02:37 Gazumping explained 03:39 Gazundering and how it affects sellers 04:19 Protecting yourself from gazumping and gazundering 05:42 Managing property chain issues 07:26 Common holdups and delays in transactions 07:53 How to handle survey results 👉 SUBSCRIBE TO OUR YOUTUBE CHANNEL 🔗 https://www.youtube.com/c/MoveiQ 👉 GET PHIL SPENCER'S ADVICE DIRECT TO YOUR INBOX ✉ 🔗 https://www.moveiq.co.uk/newsletter-signup/ 👉 VISIT OUR WEBSITE 💻 🔗 https://www.moveiq.co.uk/ 👉 VISIT NAPTHENS’ WEBSITE 💻 🔗 https://www.napthens.co.uk/personal-legal-services/residential-conveyancing-solicitors/ 👉 SUBSCRIBE TO NAPTHENS’ YOUTUBE CHANNEL 🔗 https://www.youtube.com/@napthensllp1503 ➤ CONNECT WITH MOVE iQ and NAPTHENS ON SOCIAL 📲 Instagram: https://www.instagram.com/moveiq/ https://www.instagram.com/napthensllp Facebook: https://www.facebook.com/MoveiQ/ https://www.facebook.com/NapthensLLP/ TikTok: https://www.tiktok.com/@philspencertv?lang=en LinkedIn: https://www.linkedin.com/company/move-iq/ https://www.linkedin.com/company/napthens-llp/