Number of UK House Sale Fall Thrus on a 4-weekly rolling basis!

Once a property has had an offer accepted on it and solicitors are instructed, it is classed as Sold subject to contract (SSTC).

The sale is not legally binding and either the seller or buyer can pull out of the sale before contracts are exchanged.

If either the buyer or seller pulls out the sale, before the exchange of contracts (ie when it becomes legally binding), then that is classified as a ‘sales fall thru’.

The more sales that fall thru, the worse it is the property market as a whole.

This graph shows the national picture of the sale falling thus in the last few months - and you can see it's not the doom and gloom some newspapers are trying to portray!

Yet homeowners still need to be realistic with their pricing and look seriously at any reasonable offer.

At DM & Co. Homes, we have systems and processes to minimise the chances of sales falling through. 

If you are thinking of selling your property in the early to mid-spring of 2023, you might want to pick our brains on where you stand in the marketplace?

You can, without obligation, drop us a line and we can give you an indication of where you stand with your property and what you can do now to reduce your risk of your potential house sale falling thru!

Call us on 0121 775 0101 or 01564 777 314