What To Do When A Buyer Pulls Out Of A House
23 July 2022
Unfortunately, it is common for house sales to fall through due to a buyer pulling. In fact, the average of properties that fall through is 32%. Aside from the emotional toil this takes, fall throughs are also a costly business, with a recent Homeowners Alliance report calculating the cost of a failed property transaction at £2,700. Unless you are selling to a first-time buyer, the buyer of your home is likely selling their property too. This is called a property chain and if one part of the chain breaks down, the whole chain is jeopardized. Pulling out of a house
