Government Announces Major Overhaul of the Home Buying Process

Published: 06/10/2025

Government Announces Major Overhaul of the Home Buying Process

The Government has revealed ambitious plans to reform the UK property market, aiming to make buying and selling homes faster, cheaper and more transparent. The new proposals, announced by Housing Secretary Steve Reed, promise to save first-time buyers an average of £710, reduce transaction times by four weeks and cut property fall-throughs by half. For estate agents and conveyancers, this shake-up signals a new era of accountability and professional standards, with minimum qualifications and a mandatory Code of Practice set to raise industry expectations. At Greenwood Property Consultants, we welcome these steps toward a smoother, fairer housing market for buyers and sellers alike.

Upfront Information and Digital Logbooks to Streamline Sales
A central part of the reform focuses on mandatory upfront information—details about a property’s condition, tenure, leasehold terms, and council tax band will soon need to be available before marketing begins. The introduction of digital property logbooks and digital ID verification is also expected to modernise transactions, helping to prevent fraud and ensure greater transparency. By embracing these changes, Greenwood Property Consultants continues to lead the way in providing clear, compliant, and trusted property advice, ensuring our clients are fully informed at every stage of the home moving process.

A Fairer, Faster Future for Home Movers
The reforms, described by the Ministry of Housing, Communities and Local Government as a way to “fix the broken system,” could mark one of the most significant property market transformations in decades. With optional binding contracts and standardised data sharing on the horizon, buyers and sellers can look forward to fewer delays and surprises. Greenwood Property Consultants is committed to staying ahead of these changes, supporting our clients through every development in the housing market.

Whether you’re buying your first home or selling a property, our expert team is here to help you move with confidence on 01206 616820