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Property sales take over eight months to complete as stamp duty deadline approaches

Unfortunately, after a plethora of delays, including legal issues, the transaction fell through. They were then put under more stress to find a buyer as the mortgage on their new property was due to expire. Oliver said: “With the transaction falling through and the housing market looking increasingly uncertain due to COVID-19 and the associated delays, we started to get quite worried that we weren’t going to be able to sell in time and that we’d miss out on our new home. “It would have meant having to start the mortgage process all over again and potentially losing our ideal plot.”

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