The Market
Reality Checks: Secrets to a successful remote purchase
Buying agent Hannah Aykroyd explains how virtual tools can help achieve results under the current conditions - although there's no substitute for getting real people into real rooms...
Post-lockdown surge in property demand likely to be ‘short-lived’, warns Zoopla
"Active engagement" with property listings has jumped to exceed pre-lockdown levels by some 20%, reports Zoopla - but more than four in ten would-be buyers say they have put moving plans on hold...
Overseas buyer demand grows as BoE talks of sub-zero interest rates
International buyers continue to view London property as a safe haven, says Knight Frank.
Former Housing Minister Mark Prisk on political football, Stamp Duty & the Chancellor’s challenge
Interview: Government should tackle the issue of stamp duty for "last-time movers", former Housing Minister Mark Prisk tells Knight Frank's Tom Bill.
House prices likely to drop 12%, warns major insurer
Aviva is forecasting a 12% drop for UK house prices as a result of the Coronavirus pandemic, "followed by long-term growth".
Market Snapshot: Sales & lettings listing, one week after lockdown
“One week on from the surprise opening of the housing market and agents are still showing caution and quite rightly putting safety first," says Rightmove.
Only half of new buyers are requesting physical viewings – Chestertons
Applicants appear to be following government advice and only viewing properties they are serious about, observes London agency.
Required Reading: Coronavirus & property taxes
Some pretty significant changes have been happening to the property tax regime of late, and with transaction timescales now all over the place, Fiona Poole & Dominic Condé-Cole condense the issues…
LonRes off-market listings top £1bn as agents look to soft-sell
'Particularly in these times when sellers may be hesitant about launching their property on to the open market, this service provides agents with an effective, softer option to offer their clients', says…
London house prices increased by 4.7% in the year before lockdown – UK HPI
Next month's official house price index will not be published due to the Covid-19 lockdown thwarting the property market.
Agents must adjust to a brave new world
The lockdown has been tragic, farcical and surreal, writes Trevor Abrahmsohn, but that rare commodity ‘confidence’ is making a welcome return...
Online enquiries surge in a ‘lockdown lift-off’
“This shows what happens when you temporarily suppress pent-up demand that had been building for years," says Knight Frank.