Jingle your new house keys by Christmas at a guaranteed price with Muve
National conveyancing firm Muve is introducing MuveFast Festive, a fast-track conveyancing service designed to get prospective homebuyers into their new house before Christmas Day and to fight back against the rising fall-through rates in the market.
With MuveFast Festive, the conveyancing firm has fine-tuned its rapid exchange process, known as MuveFast, which has been a client favourite for over three years. With the new service, home buyers keen to take advantage of the lower mortgage interest rates introduced in September will be able to sip hot chocolate by the fireplace and unwrap gifts in their new home on Christmas Day.
MuveFast Festive comes with a super-fast timeline, meaning the conveyancing firm aims for home movers to be able to complete on their house purchase or sale by Friday, 22nd December 2023, if they instruct Muve before October 31st for Leasehold or November 13th for Freehold properties and opt for our MuveFast Festive service.
MuveFast Festive includes a comprehensive search report with an insurance policy to avoid any search-related delays.
Benefits of MuveFast Festive include:
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- MuveFast Festive guarantee: If the home movers have not completed on their property purchase or sale by the 22nd of December 2023, Muve will refund the MuveFast Festive fee of £600 plus VAT!
- Dedicated Legal Support: A dedicated senior lawyer will expertly manage the enquiries stage, significantly reducing delays.
- Swift Transaction: Increase the odds of a smooth transaction, minimising the risk of the property falling through.
The House Buyer Bureau revealed that the number of transactions that fell through in the second quarter of this year was 69,940, a 10.2% increase from the first quarter. The total cost to buyers and sellers of fall-throughs in Q2 was an estimated £237.4m, up 11.5% compared to Q1’s total of £212.9m.
On the 20th of September, the Bank of England decided to freeze the interest rate at 5.25%. This decision came after two years of 14 continuous increases in the interest rate. Banks have lowered mortgage interest rates in response, encouraging buyers to agree to a fixed mortgage rate before the market changes again.
David Jabbari, CEO of Muve, said:
“The combination of the Bank of England’s decision not to increase the base rate and some better deals on fixed mortgage rates is a positive for prospective homeowners in terms of affordability.
“Our MuveFast Festive service is designed to complement this by taking some uncertainty out of the timeline for a move.
“This will generate greater stability in the housing market, especially as we draw closer to the end of the year.
“There will be less uncertainty and fewer holdups in the closing stages of transactions, allowing those wanting to move to be settled before Christmas Day.”
To find out more about the MuveFast Festive service, visit here.
Kindly shared by Muve