selling homes

£3.4bn worth of new homes sold so far in the last year

The latest research from Warwick Estates , has revealed where the new-build sector made the biggest impact on the property market in 2021 based on transaction levels and the total value of new homes sold.

The research shows that to date, 8,714 new homes were sold across England and Wales in 2021, accounting for 1.8% of total market activity. The combined value of these new-build...

52% of sellers are selling due to the fact they are growing old and want to downsize

Silver home sellers are opting for home buying platforms

Home Buying platform, Yes Homebuyers , has revealed the most common reasons that home sellers are opting for the route of a quick sale in current market conditions.

While the market has exploded since lockdown restrictions were eased there are still many home sellers opting to use home buying platforms such as Yes Homebuyers. This is largely due to the speed and certainty offered...

Homesellers are out of pocket £607.5m a year due to property transactions falling through

Property sale fall throughs costing sellers £607.5m

Yes, you read that correctly. The time wasted in a single year due to property transactions falling through equates to 14m days for the 225,000 UK home sellers impacted as a result.

This is according to homebuying platform, Yes Homebuyers , who also found that homesellers are out of pocket £607.5m a year due to property transactions falling through.

According to the Advisory...

Keys to property

Estate agency fees revealed as the cost to sell hits £32,430 in some parts of Britain

The latest research from estate agent comparison site, GetAgent.co.uk , shows the average estate agent fee in Great Britain is 1.51%, up 0.26% when compared to this time last year.

Based on the current average house price, that means homesellers are paying £4,154 to sell their homes.

The highest percentage fee

Of course, in some parts of the property market, this...