91 days to sell a property

Recent report from the Centre for Economics and Business Research (Cebr) and Post Office Money Mortgages reveals that the average UK property takes 91 days to sell.

The report, which examines the average time a property takes to sell in 20 major cities across the UK, found that sellers in Bristol and Edinburgh had the least amount of time to wait, with homes spending 51 and 53 days on the market, respectively.

Cities to the West of the UK were most likely to see a long wait with residences in Swansea and Liverpool taking the longest to be sold –  a typical property taking over 100 days (100 and 108 respectively) to sell in both of the cities.

Read the report in full click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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