A Faster, Fairer Future for Homebuyers in Derby: How Government Reforms Could Benefit You
Buying or selling a home can be one of life’s most exciting milestones, but also one of the most stressful. The government has announced sweeping changes to bring the home buying and selling process firmly into the 21st century, promising to save time, money, and a lot of worry. See what it could mean for you...
A Modern System for a Modern Market
The way we buy and sell homes in the UK is, according to a proposal from the Labour housing guru's, about to change for the better. For too long, buyers and sellers have faced endless delays, reams of paperwork, and last-minute surprises that cause chains to collapse. The government’s latest plans aim to fix this by bringing the process firmly into the digital age.
Under the new reforms, property transactions will become faster, fairer, and far less stressful. By opening up key property information and allowing trusted professionals to share data securely, everyone involved, from mortgage lenders and surveyors to estate agents and conveyancers, will have what they need at their fingertips. The result? Clearer communication, quicker completions, and far fewer sales falling through.
At present, the average transaction takes around five months, and one in three sales fail before completion, costing home buyers and sellers an estimated £400 million a year. By embracing digital identity verification and streamlined data-sharing, the government hopes to bring transaction times down dramatically therefore saving both time and money for homeowners and first-time buyers eager to get on the property ladder.
Simplifying the Path to Homeownership
For those dreaming of owning their first home, these reforms could be game-changing. With digital ID checks, the process of verifying who you are will take minutes, not weeks, removing the need to provide documents multiple times. Buyers will have access to real-time property data, meaning they can make confident, informed decisions earlier in the process.
This digital shift also supports a more transparent property market, where information flows freely and trust is built through openness rather than paperwork. For home buyers, this means fewer delays, fewer disappointments, and a far smoother route to picking up the keys. For sellers, it means faster sales and reduced risk of fall-throughs, something every homeowner welcomes.
A Fairer Future for Leaseholders
The government’s announcement also includes long-awaited progress for leaseholders. Leaseholders will benefit from Right to Manage reforms that make it easier to take control of their own buildings. Crucially, leaseholders will no longer be forced to pay their freeholder’s legal costs when exercising this right.
This is a huge step toward fairness and empowerment in the leasehold sector, giving homeowners more control over how their money is spent on services and maintenance. By cutting unnecessary costs and reducing the ability of freeholders to obstruct legitimate claims, these changes promote greater transparency and fairness in housing management.
At Cope & Co, we see this as a win for homeowners everywhere. It’s another example of how the government is modernising outdated systems and encouraging more people to take confident steps onto or up the property ladder.
What This Means for Landlords and the Wider Market
Although these reforms focus primarily on home buyers and leaseholders, landlords will also benefit from a more efficient, data-driven property ecosystem. Quicker transactions mean fewer void periods and greater certainty when expanding or selling parts of a portfolio. With more accurate, accessible property information, investors can make decisions based on facts rather than assumptions, something Cope & Co.’s landlord clients have always valued.
A streamlined, transparent property market strengthens confidence across the board. Whether you’re buying your first home, selling a family property, or managing an investment portfolio, these digital reforms make every stage of the journey more reliable and rewarding.
How Cope & Co. Can Help
At Cope & Co., we strive to be more than just estate agents. We want to be your property partners. Our goal is to make every transaction smoother, faster, and stress-free by combining local expertise with modern innovation. We stay ahead of every change in the housing market so our clients don’t have to, ensuring your property journey is informed, compliant, and successful.
Whether you’re a first-time buyer navigating your first purchase, a homeowner looking to move, or a landlord managing multiple properties, our team will guide you every step of the way. From valuations and marketing to conveyancing support and after-sales care.
These reforms are a clear sign that the UK property market is moving forward and we’re here to help you move with it.
Thinking of buying, selling, or exploring your leasehold options? Get in touch with Cope & Co. today and let’s make your next move simpler, faster, and more rewarding.
