41% Of Homes Sold For A Loss [Infographic]

41% Of Homes Sold For A Loss [Infographic]

According to research carried out by AOL Money, there have been four in 10 homes sold for a loss in England and Wales since 2007, with an average loss of £24,430.

Homes Sold For A Loss

infographic

Why Sell For Less?

  • House being too cramped
  • Divorce
  • Relocation
  • No longer being able to afford the Mortgage

Earlier this month, Zoopla said 31% of the homes on the market have had the asking price cut.

The probability of making a loss has increased significantly compared with long-term averages.

Jonathan Rolande

Jonathan Rolande

Jonathan Rolande began in the property industry in 1987 and has extensive knowledge of the property buying sector. Jonathan is also an avid supporter of greater regulation in the industry. Founding the National Association of Property Buyers to offer essential information to property sellers.