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Should sellers beware house sale reform?

You don't need property price indices to see that the house-selling market is hotting up. All around Britain you can hear the screams of anguish from buyers and sellers alike as they undergo the torture of dealing with unscrupulous estate agents and recalcitrant solicitors.

Buying or selling a home has long been recognised as one of the most painful experiences you can go through - only divorce and bereavement hurt more. Inexplicable delays, broken chains, gazumping and gazundering all conspire to push up blood pressure levels. The Office of the Deputy Prime Minister says: 'Under the current process, consumers lose £1m a day, mainly due to sales falling through at a late stage.'

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