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OnTheMarket Plc

How to keep a property transaction on course

The collapse of a property sale can have a far greater effect than just disappointment or irritation – it can cost sellers thousands. OnTheMarket.com offers the following tips to keep your transaction steady.

The numbers

According to YouGov, a staggering 300,000 transactions collapse each year. The average cost of each case is £2,727, and 12 per cent of victims end up losing more than £5,000, research by the HomeOwners Alliance has shown.

OnTheMarket plc (LON:OTMP) provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.