Post-Pandemic: What will become of the UK’s residential property market?
Major agencies have a shot at predicting how far transactions and prices will fall during the Coronavirus crisis, and more importantly – when they will eventually recover…
Covid-19 & market recovery: What are we learning from the Chinese experience?
As the world goes into lockdown, Chinese real estate markets are beginning to see more activity, says Nick Holt, Knight Frank’s Head of Research in APAC, on the ground in Beijing.
Mortgage market could be frozen as lenders pull products
Banks & Government said to be in talks about pausing or adapting the mortgage market in light of the Coronavirus lockdown.
Rental market dynamics point to medium-term growth in London
The affordability squeeze in the sales market will continue to boost demand once normal service returns in the capital’s lettings market, writes Tom Bill
Official guidance on moving home during the Covid-19 lockdown
UPDATED: “Home buyers and renters should, as far as possible, delay moving to a new house” says the Government. But moves are still possible and happening. Here’s some in-depth guidance from the Ministry of Housing and from The Law Society on how to transact safely during the Coronavirus lockdown.
Housing delivery may stall but market fundamentals will drive long-term performance
No one knows when normal service will resume in the resi development market, but the long-term supply and demand still point to the need to up housing delivery, writes Knight Frank’s Oliver Knight…
Why the coronavirus could focus minds on a move to the country
One outcome of the current crisis will be a significant increase in the number of people leaving built-up cities for the countryside, writes buying agent Charlie Wells
Property transactions are likely to plunge by 60%, warns Zoopla
The property market “has not ground to a complete standstill” yet, says Zoopla, but demand is drying up, fall-throughs are escalating – and deal numbers are likely to sink dramatically in the coming months.
Prime London’s property market recovery has been ‘paused’
The annual rate of property price inflation in prime London turned positive for the first time since 2015 in Q1, says Savills. But the Coronavirus pandemic has put a stop to the burgeoning market recovery.
Average UK and London property prices dipped by 1.1% in January – UK HPI
Official pre-virus data indicates that the annual rate of UK property price inflation fell from +1.7% in December to +1.3% in January.
Foxtons looks to online auction house for sales amid lockdown
Agency lists over 30 instructions with digital property marketplace BidX1 after testing out the platform last month
Rent guarantee insurance sales suspended
Insurers have stopped selling new rent guarantee policies, following the suspension of tenant evictions for the next three months.