property transactions

decline in property

Property transactions tumbled -51% ahead of the original stamp duty deadline

Research by leading estate agent, Benham and Reeves , has revealed that while the anti-work from home movement has been building amongst homebuyers across major cities in England, the original stamp duty holiday deadline saw transactions decline by -51% across England during Q1 of this year.

Benham and Reeves analysed residential property transactions across England and five major...

Mortgages

Mortgages fuel 70% of transactions since industry lockdown ended

Research by the leading mortgage broker for global high-net-worths, Enness Global Mortgages , has shown that mortgages have fuelled 70% of property transactions across Great Britain since the market reopened back in May of last year, after initial lockdown restrictions were imposed.

Enness analysed market data on the number of mortgage financed sales as a percentage of all sales in...

House property transactions falling through are not uncommon

Property fall throughs are costing UK home sellers £607.5m a year

The latest research by BreezeMove has found that reducing the rate of property transaction fall throughs by just 10% a year, could save UK home sellers as much as £60.750m a year.

Gazumping, broken chains and problems with mortgage approval are just some of the main factors that can cause a property sale to fall through. When a property does fall through it often leaves home sellers...

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