Coronavirus

How Coronavirus Has Radically Changed the Priorities of Homebuyers

COVID-19 (and three consecutive national lockdowns) have had a major impact on the lives of each and every person in the United Kingdom. In particular, real estate market activity has illustrated how thousands of movers and first-time buyers have completely changed their priorities, with regard to preferred property types and […]

UK House Prices Continue to Climb as Stamp Duty Deadline Looms

Since it was announced, the March 31 stamp duty holiday in England was predicted to result in a slow but steady decline in average property values.  Following an initial rush of interest, the number of prospective buyers looking to purchase homes prior to the deadline has gradually diminished over recent […]

How is a Third National Lockdown Affecting the UK Property Market?

Where the UK’s property market is concerned, there is one major difference between the current lockdown and the lockdown of spring 2020. While there may be major complications with property transactions now, the market is still technically open. This is much different than last year’s initial lockdown, where the market […]

Are COVID House Hunters Bending or Breaking Lockdown Laws?

One of the biggest differences between the current lockdown and the first lockdown last March is that most of the economy has remained up and running. The real estate sector has suffered heavily during the first lockdown, when it was forced to shut down entirely for several months. Today, buying […]

Furloughed Workers Increasingly Seeking Broker Support for Mortgage Applications

New research suggests that residential mortgage brokers are conducting more searches on behalf of furloughed workers than at any time since the height of the initial UK lockdown. According to a report published this week by Knowledge Bank, the term ‘furloughed workers’ is once again within the top five searches […]

Post-Lockdown Exodus Sees City Dwellers Flee for the Country in Record Numbers

It was not long ago that small city centre apartments with the bare minimum space were the most desirable properties for movers in the UK. Given the choice, it seemed most would have liked to relocate to major employment hotspots like London, being perfectly happy to sacrifice space at home […]

UK House Prices at Record High After Biggest Leap Since 2016

It is looking like good news for homeowners and anyone looking to sell a residential property in the near future. Once again, UK property prices have spiked above and beyond all expectations – August having brought about the biggest monthly boost since 2016. According to the latest figures released by […]

Property Development Restriction Relaxations Draw a Mixed Response

Boris Johnson has confirmed details of an overhaul to planning permission requirements and restrictions, which will give housing developers and homeowners alike more direct control over their properties. Despite facing accusations of having unnecessarily delayed essential reforms until now, the Prime Minister firmly believes the new planning system will boost […]

Escape to the Country: City Dwellers Seek Sanctuary in Record Numbers

Slowly but surely, some semblance of normality is returning to the way we live our lives in England. Covid-19 hotspots in some regions continue to cause concern but lockdown restrictions are gradually being eased across the country as a whole. As predicted, pent-up demand among movers is now being released […]

Asking Prices for Properties up £6,000 on Pre-Lockdown Averages

Lockdown has taken its toll on the UKs housing market, but evidence would suggest things are gradually returning to normal, at least in terms of property values which are heading in the right direction following an extensive period of stagnation. According to the latest figures released by Rightmove, which is […]

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