Over half (52%) of house sales in England and Wales fell
through before completion in the third quarter of 2020, as Covid uncertainty
plagued the property market. The figures also show an annual fall through rate
of 43%. The reasons for failed property sales tell a story of how the property
market fared as the global pandemic unfolded. During the first and second
quarters of 2020, the primary reason property sales fell through was that the
buyer changed their mind and pulled out of the sale. This accounted for 36% of
failed sales in each quarter. Read more on the Property Reporter website.
England’s housing courts at breaking point as renters battle no-fault
evictions
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Courts said to be ‘overloaded’ as landlords sell properties and tenants
with nowhere to go try to delay evictions
It is a Wednesday afternoon at Stratfor...
2 weeks ago
