Almost two thirds of people who have sold a home within the last year (63%) experienced delays, according to research from digital property pack provider Moverly.

One in five respondents saw their transactions collapse, while 10% were subject to more than one fall through.

Overall, 39% felt that having to provide information about their property at various stages contributed to the delay.

Meanwhile, 39% of those surveyed said they would have paid for a home information pack (Hip) if it meant a quicker transaction, while 53% would have purchased one if it meant avoiding a fall through.

Almost half (48%) said they would be prepared to pay up to £100 for a comprehensive Hip, with 30% happy to pay up to £250 and some as much as £1,000.

Moverly co-founder Ed Molyneux says: “The property selling process has evolved considerably in recent years and technology has helped to streamline the process in many ways.

“However, it’s fair to say that it remains a tad archaic in many other respects and, as a result, many sellers are subject to delays in their transaction timeline at best and their sale collapsing at worst.

“Unfortunately, it looks as though sellers are set to endure an even greater degree of market turbulence over the coming months as interest rates continue to climb and the market tries to find its feet.”