The HomeOwner Survey 2018 - Issue, trends and how we feel about our homes

17 Initiatives to Improve Home Buying & Selling Process The survey results fully support the government's announcement on 8 th April to professionalise the estate agent market through licensing of estate agents and the pilot of voluntary reservation agreements. 82% of UK adults support the idea of a government-backed license requiring estate agents to pass standardised tests before being able to practice. 80% of UK adults are in favour of buyers being required to prove they have the necessary funds before putting in an offer to buy a property. Nearly two thirds (65%) of UK adults support the idea of a reservation agreement which requires buyers and sellers to put down a non-refundable deposit to commit both sides earlier in the process and increase the certainty that the sale will go through and at the price agreed. Response to Proposals to Improve Home Buying/ Selling Process