Saleability
is not the moment a home is marked Sold Subject to Contract. It is the
percentage of homes that make it from coming on to the market to exchange of
contracts and legal completion, when everyone is legally tied in and the move
happens.
These are the
stats for UK property market
• Up to
£250k, 62.6% reach completion.
• £250k to £500k, 54.9%.
• £500k to £750k, 47.2%.
• £750k to £1m, 43.8%.
• £1m to £2m, 38.9%.
• £2m plus, 24.3%.
Why do the
odds thin as price rises?
Buyer pools
are smaller, lending checks are tighter, affordability issues arise, estate
agents over value more, chains are longer, survey issues bite harder, and
decision times stretch.
To improve
your own chances, set a realistic asking price based on very recent
completions, not wishes.
Have funds
and proof ready. Instruct your conveyancer early and complete all forms in
advance. Gather documents like guarantees, planning consents, and warranties.
Map the chain clearly and agree a simple update rhythm so problems are found
and fixed before they grow.
Saleability
begins before the home coms on the market and ends with keys in hands (and cash
in the bank). That is the measure that matters, and that is where attention
belongs