Agents urge maximum upfront information to stem fall-through surge
Summary
Propertymark has issued new guidance encouraging sellers to provide as much information as possible at the outset of a transaction. The advice is intended to reduce the risk of fall-throughs, which have reportedly increased.
Why it matters
Better upfront information can help surveyors, agents and other parties identify issues earlier and reduce wasted time on transactions that later collapse. It also supports more efficient due diligence and may improve the reliability of property sales.
Key points
- Propertymark has published guidance for sellers.
- The guidance recommends maximum upfront information.
- The aim is to reduce rising fall-through rates.
- Earlier disclosure may help transactions progress more smoothly.
Organisations:
Propertymark
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