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Coronavirus

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 […]

Rental Sector Thrives During Lockdown due to Job Losses, Break-Ups

While Britain’s housing market sales have experienced a slowdown during lockdown, the private rentals sector has been buzzing with activity. In fact, the latest report from Rightmove suggests that demand for lettings across the UK is currently 22% higher than it was at the same time in 2019. As lockdown […]

Spike in Housing Market Activity Suggests Return to Normality

With the peak of the Covid-19 outbreak seemingly behind us, the UK economy is slowly beginning to show signs of a gradual return to normality. The housing market has seen a tremendous spike in activity over the past few days, as movers and renters seek to make the most on […]

UK Housing Market Sees Upswing as Lockdown Restrictions Start to be Lifted

The number of enquiries at one of the country’s biggest real estate agencies peaked last week as buyers came out of lockdown. Across its more than 100 offices, Savills observed a 30% surge in interest in new homes compared to last year. Sales figures doubled post-lockdown, though were still below […]

Moving House Permitted Once Again as Lockdown Restrictions Eased

In a pivotal move by the UK government to gradually restart both the housing market and the economy, buyers and renters across England are now able to move house once again. Estate agents can reopen their offices, physical viewings of properties can be carried out, conveyancers can conduct property inspections […]

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