1 Day
Source:
The Guardian
Why Are Flats in England Not Selling
Most flats listed for sale in England are leasehold, with many struggling to sell within six months, despite price reductions. Factors such as leasehold issues, higher service charges, and restricted mortgage lending are contributing to sluggish sales, especially in London and southeastern regions. Buyers prefer houses, and rising costs, lease extension difficulties, and investor-led pricing create additional barriers for potential buyers and sellers.
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