Property sales continue to slump

As most people are aware the sale of properties in the UK has really fallen over recent months, and estate agents have reported amongst their poorest sales figures of properties for decades. A recent report has shown that property sales have now fallen by 40%. In the last three months estate agents have average around five property sales a month each, as property transactions continue to plummet, and homeowners looking to sell their homes are finding things very difficult, with many feeling pressured to reduce the price and sell to predatory buyers looking to take advantage of the slow market by offering desperate selling ridiculously low prices. Read more

Tags: slow market, Chartered, property sales, selling, stamp duty, drought, everything, mortgage drought