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Evening Standard
Evening Standard
Business
Jonathan Prynn

Property ‘fall throughs’ rise amid higher mortgage interest rates

The number of property sales collapsing rose 10% in the second quarter of the year as buyers faced dramatically higher mortgage costs, according to new figures.

There were 69,940 so-called “fall throughs” in the three months to June according to data from property purchasing specialist, House Buyer Bureau. That was up from 63,446 in the first quarter.

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