Up to 40% of UK houses sold at a loss in last six years

Four in 10 homes have been sold for a loss in England and Wales since 2007.

Four in 10 homes have been sold for a loss in England and Wales since 2007.

The average shortfall is £24,000 (€27,800) according to research by the shared equity firm Castle Trust.

It shows more than half made a profit despite the sluggish economy.

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