Moverly, a digital upfront property pack provider, has revealed that the South East has the highest proportion of homes returning to the market in England, according to their latest research.
The study also revealed that those selling detached homes are the most likely to suffer from a collapsed sale.
Moverly analysed data on homes returning to the market and found that the South East accounts for 24% of all sales falling through, followed by London and the East of England, which accounted for 14% each.
Meanwhile, the North East has the lowest level of properties returning to the market at 3% of the national total.
The study also revealed that detached homes account for 34% of all homes returning to the market, followed by flats at 27%.
Ed Molyneux, co-founder of Moverly, said that the sellers most at risk of their sale collapsing are those in the most inflated regions of the market, selling the most expensive homes.
He added that sellers must take a realistic approach to setting their asking price and be prepared for potential issues found during the survey stage.
