Coronavirus has ‘completely wrecked’ the housing market bounce as viewings slump

“It seems likely that Covid-19, combined with last month’s floods, will have completely wrecked any positive effects that political certainty since the general election may have provided to the housing market,” says Professor Yolande Barnes. The National Association of Estate Agents, meanwhile, has anecdotally reported that the number of property viewings has tumbled by “more than 50%” in the last two weeks.

Global indoor air quality benchmark launches

Ekkist founder Olga Turner Baker has launched a new venture, teaming up with Metrikus to create AirRated, which provides property developers and owners with a “global benchmark for Indoor Air Quality”.

Savills reports strong UK & global revenue growth

Savills saw a 10% jump in global revenues from 2018 to 2019 as the Plc shifts its emphasis from property transactions to “less transactional” services. UK profits increased by 7%, with UK residential revenues climbing by 6% despite tough market conditions.

Countrywide’s £38m LSH deal on the rocks

UK’s biggest property services group confirms Monaco-based investor John Bengt Moeller has ‘failed to complete’ on the purchase of commercial real estate arm Lambert Smith Hampton