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41% Of Homes Sold For A Loss

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

41 Percent Of Homes Sold For A Loss

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

Authored by Jonathan Rolande

Jonathan started in the property industry in 1987 and has extensive knowledge of the property buying sector. Jonathan is also an avid supporter for more regulation in the industry that protects sellers.

Last updated on 13/03/2013 by Jonathan Rolande.

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