Discounts hit record levels

More and more properties for sale are subject to discounts on their original asking price according to property portal Zoopla. Over a third of properties currently for sale have had their asking price reduced at least once.

The average discount on these properties now stands at just under £20,000 or 7.5% according to their research. This is over £1000 more than this time last year.

Stockport is the area which has the highest number of discounted properties with almost half or 49% having a price reduction since first being marketed.

Time to grab a bargain....

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