Why UK Estate Agent Insolvencies Are Surging? | |
In recent years, the UK property market has faced significant fluctuations, with estate agents feeling the brunt of these changes. The increase in estate agent insolvencies is a clear sign the industry is struggling. While economic downturns and market corrections have always been part of the property sector, the current situation presents unique difficulties that estate agents, both large and small, find challenging to overcome. In this blog, we explore why insolvencies in the estate agency sector are rising and what factors drive this trend. One of the primary drivers of estate agent insolvencies is the broader economic uncertainty that has gripped the country. Factors like Brexit, the COVID-19 pandemic and the cost-of-living crisis have all contributed to a fragile economic environment. When the economy struggles, the housing market often follows suit. | |
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| Target State: All States Target City : Norwich Last Update : Dec 06, 2024 1:35 AM Number of Views: 8 | Item Owner : Jamie Playford Contact Email: Contact Phone: 08002461845 |
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