House sales failures in UK up 9% quarter on quarter

The number of house sales failing to successfully complete in the UK increased in the second quarter of 2016, with more than one in four sales falling through. A house sale fall through rate of 29% was recorded by the latest research from independent home buyer Quick Move, up 9% from the first quarter of the year. The annual year to date fall through rate ended the second quarter of the year at 25.18%, up 3.56% since the end of the first quarter, the data also shows. According to Danny Luke, bus...