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According to recent data, the most common time for a property sale to fall through is in the second week after a sale is agreed.
The Bank of England has continued to announce increases to its Base Rate, with its 12th consecutive rise in May, pushing interest rates to 4.5%, which is the highest they’ve been for 14 years.
Rising unpaid rent arrears across the UK has resulted in an increase in private landlords seeking rent protection insurance, according to recent data.
Latest housing transaction statistics from HMRC has revealed a slight dip in sales in recent months, but that market is holding up, with figures showing it is still an increase from last year.
Finding that a tenant has absconded a property is an inevitable and challenging part of being a landlord, and it is therefore important to be equipped with the knowledge of how to tackle this issue.
Inflation remains a major concern for homeowners...
Sinclair Taylor was founded in 1999 and provides debt recovery solutions for the property sector. In early 2021, Sinclair Taylor joined The Broadriver Group, encompassing Controlaccount, identeco Business Support Toolkit and identecoHR.
