Kirstie Allsopp slates UK home buying system and asks ‘who is going to sort it out?’_Nhy
TV presenter Kirstie Allsopp took to X to share her thoughts on the current state of buying a home in the UK.
The presenter wrote: “Our home purchase system is f*****. The Tories couldn’t be bothered to reform it, and our new Government only seem interested in tenants. When people ask why our productivity is so low I know that our inability to move house is a big part of it. Who is going to sort it out?”
Commenters largely agreed with Miss Allsopp, one wrote: “Currently taking more than six months for probate to be granted, due to bureaucracy backlog – which when people die, is presenting their estate from selling their house. Keeping a lot of properties empty.”
Many young people are struggling to get on the property ladder (Image: Getty Images)
Others suggested that Labour need more time to address issues and have not been in power long enough to have had any chance at making changes yet. This was quickly shut down by Miss Allsopp who replied: “What makes you think they intend to address it?”
Commenters also discussed the housing markets in other countries with mentions to Australia, New Zealand and Canada where the process is allegedly much quicker.
According to social media users, these countries see property purchasers buy and move into a new home in a matter of weeks.
Many who are buying property in the UK encounter a number of issues. Research by Which Magazine has revealed that the main issues buyers face are delays in getting a mortgage, finding a suitable property and delays in the chain.
Buyers are facing a multitude of issues when they are trying to purchase a home (Image: Getty Images)
Other problems buyers face include conveyancing issues, sellers getting cold feet and issues on completion day.
This comes after property sales are rising at the fastest rate since the Covid lockdowns following cuts in home loan interest rates.
The number of sales agreed in the four weeks to September 21 rose by an annual rate of 25 percent. That is the sharpest increase since the spring of 2021, according to the property portal Zoopla – and comes as Brits await a major Bank of England decision on interest rates that could spark further sales.
With property sales on the rise and no improvement on housing complications in the UK – Miss Allsopp’s plea for the government to do something is well justified.
