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24/11/2023
And finally, house sellers are resorting to house swapping in order to move home, as a result of the financial crisis. A number of estate agents have been forced into launching a property exchange - matching the homes of people who want to trade up or down but who are unable to sell as the normal property chains remains broken. The operator of one scheme, launched just four weeks ago, said that vendors have been ‘very receptive’ to the concept, while a website with 3,000 properties registered on it has seen the number of visitors on it increase from ‘hundreds’ to ‘thousands’ a day.
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