In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss's departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop.

In all honesty, selling a home could in most cases prove to be a daunting task and people sometimes do not get it right at first, they try and then try again. At this stage, you start to prep your home for viewings, putting the work in to make it attractive while getting prepared for the paperwork that is sure to come.

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Many homeowners worry about under-pricing their property, fearing they'll lose out financially. However, the real financial drain often comes from a slow sale, a factor frequently overlooked. Let's explore why a prolonged selling process can cost you far more.