More than one in three house sales in the second quarter of this year failed to reach completion, according to data from home-buying company Quick Move Now.
Figures indicate a house sale fall-through rate of 36.34 per cent for the second quarter of 2015, a significant rise over the reported 22.76 per cent in Q1.
The firm says over the last six months, 22 per cent of home sales that fell through did so as a result of the buyer changing their mind, 16 per cent fell through as a result of the buyer being refused lending, 13 per cent fell through due to slow sale progress and a further 13 per cent fell through due to a higher offer coming in.
Read the full Estate Agent Today article here
Figures indicate a house sale fall-through rate of 36.34 per cent for the second quarter of 2015, a significant rise over the reported 22.76 per cent in Q1.
The firm says over the last six months, 22 per cent of home sales that fell through did so as a result of the buyer changing their mind, 16 per cent fell through as a result of the buyer being refused lending, 13 per cent fell through due to slow sale progress and a further 13 per cent fell through due to a higher offer coming in.
Read the full Estate Agent Today article here
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