{"id":10011,"date":"2026-04-09T03:02:29","date_gmt":"2026-04-09T03:02:29","guid":{"rendered":"https:\/\/second-home.uk\/?p=10011"},"modified":"2026-04-09T03:02:29","modified_gmt":"2026-04-09T03:02:29","slug":"property-transactions-taking-six-months-for-one-in-five-buyers","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=10011","title":{"rendered":"Property transactions taking six months for one in five buyers"},"content":{"rendered":"<p>More than one in five homebuyers in the UK are experiencing transaction times of at least six months from offer acceptance to completion, according to new research.<\/p>\n<p>A survey of 1,000 homeowners conducted by Lyons Bowe found that 22% of buyers saw the process extend beyond six months, whilst a quarter of respondents reported timescales exceeding four months. Seven out of 10 buyers said their transaction took more than three months to complete.<\/p>\n<h2>Conveyancing identified as key bottleneck<\/h2>\n<p>The data revealed that 63% of buyers found the process took longer than they had anticipated. When asked to identify the most time-consuming stage, 65% of respondents cited conveyancing as the longest part of the buying process.<\/p>\n<p>Chain-related issues were identified as the primary delay by 27% of respondents, followed by mortgage approvals and valuations, each accounting for 4% of delays. The findings come as <a href=\"https:\/\/www.propertywire.com\/news\/geopolitical-tensions-reshape-uk-property-market-outlook\/\">wider market conditions continue to influence UK property transactions<\/a>.<\/p>\n<\/p>\n<p>Beyond timescales, 54% of buyers described conveyancing as the most complicated and difficult aspect of the property purchase journey to navigate.<\/p>\n<p>Paul Lyons, Managing Director of Lyons Bowe Solicitors, commented: \u201cIt\u2019s not surprising that so many homebuyers feel conveyancing slows things down. The process sits at the centre of a property transaction and involves multiple parties, including solicitors, lenders, agents, buyers and sellers, all of whom are working to different timelines.\u201d<\/p>\n<h2>Market implications<\/h2>\n<p>The extended transaction times could have implications for property investors and buyers planning time-sensitive purchases or sales. With <a href=\"https:\/\/www.propertywire.com\/news\/uk\/uk-landlord-exit-rate-slows-ahead-of-new-rental-legislation\/\">recent changes affecting the rental market<\/a>, understanding realistic completion timescales has become increasingly important for those looking to enter or exit the property market.<\/p>\n<p>The survey results suggest that buyers should factor in timescales of at least three to four months when planning property transactions, with a significant proportion experiencing considerably longer delays. Industry professionals may need to manage client expectations more actively regarding realistic completion timeframes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than one in five homebuyers in the UK are experiencing transaction times of at least six months from offer acceptance to completion, according to new research. A survey of 1,000 homeowners conducted by Lyons Bowe found that 22% of buyers saw the process extend beyond six months, whilst a quarter of respondents reported timescales [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2144,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-10011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property transactions taking six months for one in five buyers - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/uk\/property-transactions-taking-six-months-for-one-in-five-buyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property transactions taking six months for one in five buyers - Second Home\" \/>\n<meta property=\"og:description\" content=\"More than one in five homebuyers in the UK are experiencing transaction times of at least six months from offer acceptance to completion, according to new research. A survey of 1,000 homeowners conducted by Lyons Bowe found that 22% of buyers saw the process extend beyond six months, whilst a quarter of respondents reported timescales [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertywire.com\/news\/uk\/property-transactions-taking-six-months-for-one-in-five-buyers\/\" \/>\n<meta property=\"og:site_name\" content=\"Second Home\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-09T03:02:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/07\/6318159782b5d40f505e80aefb0f6523.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"780\" \/>\n\t<meta property=\"og:image:height\" content=\"973\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/property-transactions-taking-six-months-for-one-in-five-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=10011\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/#\\\/schema\\\/person\\\/4d1b4955add7c14742a3be9aaae12292\"},\"headline\":\"Property transactions taking six months for one in five buyers\",\"datePublished\":\"2026-04-09T03:02:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=10011\"},\"wordCount\":313,\"image\":{\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/property-transactions-taking-six-months-for-one-in-five-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/second-home.uk\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/6318159782b5d40f505e80aefb0f6523.jpg\",\"articleSection\":[\"Second Home\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=10011\",\"url\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/property-transactions-taking-six-months-for-one-in-five-buyers\\\/\",\"name\":\"Property transactions taking six months for one in five buyers - 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