Figures show that repossessed homes selling for less is a myth

It is often thought that repossessed homes in the UK sell for less than their market price but new research reveals that sales achieved are at their highest since June 2018. The amount of money being achieved for a repossessed home by Spicerhaart Corporate Sales is at its highest level in nine months. Spicerhaart Corporate Sales achieved an average of 104.29% against the market value on properties that were taken into possession and sold in March 2019, up from an average of 96.73% in the preceding three months.

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