Why do transactions fail?

There are many reasons why a deal can fail at different points in the process but, after an offer has been accepted, the primary ones are as follows:

• Seller pulls out
• Buyer pulls out
• Funder pulls out
• A co-buyer pulls out
• HMRC might be too slow to sign off on a formal tax scheme.
• Due diligence highlights some issues which can’t be resolved
• Funding can’t be found to complete the deal
• Lawyers are too slow or unfocused which causes frustration on the part of the sellers
• FCA compliance is required for the deal to complete