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    Home - Business - Number of UK estate agents going bust rises almost a third in one year
    Business Updated:September 30, 2024

    Number of UK estate agents going bust rises almost a third in one year

    By David Pike1 Min Read
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    Number of UK estate agents going bust rises almost a third in one year

    Number of UK estate agents going bust rises almost a third in one year

    Higher interest rates puts further pressure on property market, with overall transactions at lowest level in a decade.

    The number of UK estate agents declaring insolvency has jumped by almost a third with nearly 300 businesses going bust in the last year.

    The figures underline the gloom around Britain’s property market, with the fewest home sales recorded for more than a decade hitting estate agent income.

    Number of UK estate agents going bust rises almost a third in one year

    Estate Agents London Property Small business The Guardian
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    David Pike

    David Pike is an experienced news journalist with over 20 years experience as a UK News editor for WTX News and other news publications.

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