Almost Half Of All House Sales Failed In Q4 2018

Newly released data from independent home buyer, Quick Move Now, has revealed that almost half of all house sales in England and Wales fell through before completion in the final quarter of 2018. According to the data, although the fourth quarter figure of 49.8 percent is a sharp rise from the third quarter figure of 28.3 percent, the annual fall through rate for 2018 remained steady at 30.6 percent - just one percent higher than the 2017 annual fall through rate. This shows that, although 2018 was somewhat of an uncertain year for the UK Property market, overall the number of sales falling through before completion remained fairly consistent. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/property/almost-half-of-all-house-sales-failed-in-q4-2018.html