More than 29,000 house sales fall through every year in the UK due to fears over local crime, the equivalent of £6.6 billion in property value, according to new research.
According to the latest research from My Home Move - based on Land Registry and UK crime statistics, buying a home in a leasehold ‘hotspot’ means you are less likely to be a victim of crime.
The research has found that rates of anti-social behaviour, burglary and vehicle crime are lower in the locations where leasehold properties are most common, when compared to their freehold counterparts.
Last year up to one in 20 households in some postcodes were ransacked by thieves. It's labelled "Corned Beef City" and is home to Britain's largest conglomeration of council houses, but Dagenham has earned a new title - Britain's most burgled town.
Homes in the Essex-London postcode, RM8, were most likely to be burgled in the previous year, with 5.5pc of households falling victim, according to insurance claims data.
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