The real estate sector has taken a positive turn. With more and more people looking to expand their portfolios, it is no surprise that various individuals have started investing their hard-earned money on physical properties. Apart from the rising prices in the market, the demand for these facilities is skyrocketing. For this reason, successfully accepting an offer on a home is justifiable reason to celebrate. However, the process towards completion may be longer than initially expected. Below are some of the most common delays in the transfer process: Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay In-depth Mortgage Surveys and Ratings While these surveys generally take 15 to 20 minutes to complete, it can take some time for mortgage providers to fully implement their responsibilities. Additionally, surveyors may have difficulty writing their report and analyzing their findings. To avoid these unnecessary and unwanted delays, make sure you work with the seller and your conveyancing solicitors so they can provide access to the property as soon as possible. At the very least, you should start looking into this concern when you have already accepted an offer. This way the inspection can be carried out immediately. Purchasing the Management Pack for Rental Companies Third party management agents usually act on behalf of their landlord. This means that in a rental transaction, interested buyers must still request complete information from the seller, landlord and/or management company. This includes land rent, monthly service fees, building insurance and other bills for the past three years. Due to the volume of information required, managing agents may take some time to obtain essential information. Failure to Disclose Gifted Deposits There is certainly nothing wrong with receiving mortgage deposits. Whether it comes from your parents, children and even other relatives, a mortgage lender will most likely want to know where your deposit came from. Even if it was just a small amount, disclosing it would make a huge difference, especially in the transfer process. While keeping track of these generous gifts can be confusing, one way to do so is to maintain proper documentation. You may need to obtain a gift letter, specifying the source of the gift and the confirmation receipt. Lack of response from other transporters Dealing with a multitude of people can be quite tiring. Even if you are already working with commercial lawyers, chances are there will always be slow and under-resourced lawyers along the chain. Please note: this is just an example. Get a customized document from our expert writers now. Customize essaySometimes, these people might be busy with other accounts and transactions, particularly during holidays. Other times, they may simply lack staff to help them with their other concerns, thus causing a delay on your part. As for you, in addition to doing everything you can and answering questions promptly, make sure you work with professional lawyers. As experts in the field, they can provide proper guidance when it comes to storage and documentation issues.