More than one in four house sales fell through before completion in 2016, according to new figures just released.
The same set of figures also suggest that the last three months of 2016 saw an increase in the number of property sales that fell through, with just under one in three sales failing to successfully complete.
When revealing the reasons for unsuccessful sales, the figures suggest that more than 40 percent of the sales that fell through did so because the seller pulled out of the sale to accept a higher offer from another buyer. A further 28 percent fell through because the buyer changed their mind about the property.
Patrick Chambers, Quick Move Properties’ sales director, commented: “With a shortage of available properties available in many areas, competition is strong for desirable properties, and as a result sellers seem more willing than previously to pull out of a sale if a more attractive offer comes along. Similarly, the pressure on buyers to snap up property and make impulse offers to beat the competition mean that many are having second thoughts when the sale starts to progress.
“If you’re keen to secure your move this year, and don’t want to risk the cost and hassle of a sale falling through, property part exchange offers an ideal solution.
“With property part exchange through Quick Move Properties, your move will be arranged on a date to suit you. You’ll have no estate agency fees to pay, a guaranteed sale and a hassle-free move. By making yourself chain-free with a guaranteed sale, you’ll also make yourself a highly attractive buyer, helping you to beat the competition for the most desirable properties.”
For more information about how Quick Move Properties can help you secure your move, contact the team today on: 01793 840917 or email: email@example.com