According to new data, over a quarter of residential properties collapsed before completion in 2024 due to failed price renegotiations.

Collapsed property sales could be costing the public as much as £900m a year, according to the latest figures.

Despite fall throughs surging by over 18%, the huge number of withdrawals that occur continue to have a much greater impact on the UK housing market.

Despite lower fall-through levels being good news for those keen to move, the reasons behind the failed sales suggest caution prevails in the market.

Analysis suggests that continued buyer caution, fuelled by growing speculation that interest rates will fall, is behind a rise in the number of failed sales.

Fall-throughs already costing UK home sellers £909m and now market activity is about to surge

Collapsed property sales are costing estate agents millions each year purely based on the cost of having to remarket a property and host another round of viewings, according to new...

35% of property sales fell through in 2023, according to new figures from Quick Move Now.

Fall throughs are estimated to have cost UK buyers and sellers £270m during Q3 of last year, marking a second consecutive quarterly increase as market conditions continue to...

More than a quarter of property sales fell through before completion in the third quarter of 2023, with 'cold feet' accounting for a sizable proportion, according to new figures.