House Sales Increasingly Falling Through
A report in The Sunday Telegraph, shows that falling house prices are causing buyers to pull out of house purchases in large numbers.Charcol, the UK's largest mortgage brokers, has seen a 50% increase inthe number of purchasers pulling out even though their mortgage has been approved.
Estate agents are reporting that 40% of deals are falling through because of buyers' fears falling prices. According to Jeremy Leaf of RICS: "Six months or a year ago, roughly 80% of deals went through, but that figure has fallen to typically 60%. People are afriad that if they go ahead today, the property will be worth less in a few months' time".
40% of purchases falling through equates to 400,000 home sales per year.
Solving property chain breaks is something that Quick Move Now specialises in. At whatever stage the chain is brokem we will buy the house to ensure that the rest of the chain can complete.
Our service either removes you from the chain completely, or enables the whole chain to complete. Either way, it guarantees your sale and the cash to buy your next house. For more information, please visit www.quickmovenow.com or call 0800 068 3366 for a free estimate.
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