The Market
Property sales have slumped by 70% since the lockdown
Transaction numbers have plummeted since the start of the Coronavirus lockdown, but homes continue to be listed for sale, says Zoopla.
From A Distance: The reality of remote buying
The concept of buying a property without setting foot inside is not a new one, says Jo Eccles, but doing so successfully requires intricate, specialist knowledge - and a great deal of trust between client…
Prime London’s property market was surging before the lockdown
Prime Central London saw its fastest quarterly rate of property price inflation in five years in Q1, before the Coronavirus hit.
Six post-coronavirus trends for London’s prime property market
The market will bounce back by September but high street offices will be unviable in the new era of social distancing, speculates Utsav Goenka, founder of new prime property portal Vyomm...
‘Situation tenancies’ on the rise in virus-hit London
Concerned PCL agency estimates that up to 25,000 people could be displaced by the current crisis, and left in urgent need of short-term accommodation...
Four Thoughts: The UK planning system enters a new virtual reality
'It’s unfortunate that it has taken a global pandemic for the system to finally move into the 21st century'
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
£1bn in commission ‘at stake’ as estate agencies fight to keep deals together
'It is difficult at this stage to understand when this blocked commission will end up being paid', warns TwentyCi
Locked-down househunters switch off from property as online searches tumble
Despite a massive rise in the number of people staying at home, Google data shows online searches for the two main portals - Rightmove and Zoopla - are currently at a five-year low across the UK, as are…
Landlords in limbo: Showing compassion & meeting obligations in a time of crisis
Lawyer Elena Chrysostomou summarises the recent slew of measures brought in to support residential tenants amid the coronavirus crisis, and their wide-ranging impacts on landlords...
The view from Knightsbridge: On Covid-19 and its impact on the PCL housing market
No one knows when some sort of new normality will return, writes Patrick Alvarado, but those firms that manage to see out the crisis may end up stronger as a result...
Treasury could see a £5bn Stamp Duty hit as property sales slump
"Transactions will bear the brunt" of the Coronvirus property slump, says Savills - but the firm doesn't think the pandemic will have a long-term effect on house prices.