Saturday, 21 October 2017

Nearly a third of last year’s property sales fell through

ALMOST a third of prospective property sales fell through in 2015, it has emerged.

ALMOST a third of prospective property sales fell through in 2015, it has emerged.

Thousands of buyers and sellers were left disappointed after three in 10 sales collapsed.

The biggest factor — accounting for 28 per cent of failed sales — was people changing their minds.

Getting cold feet is more common in a booming market, according to home buying firm Quick Move Now.

In a further 27 per cent of cases, buyers were scared off by the results of a survey, while almost a tenth were due to difficulties raising the money.





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