Sales
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…
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...
Savills sells over £18m worth of property at first remote auction
Five lots in London fetched more than £1m after generating competitive bidding
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...
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