Format: News
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.
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.
Deal sealed on £7m townhouse in Little Venice
'There is an appetite from purchasers looking for value in these extremely difficult times', reports agency
Commission can now be included in furlough pay calculations
"Compulsory commission payments" can now be included in furlough pay calculations for the Government's Coronavirus Job Retention Grant Scheme
UK construction activity plummets
IHS Markit's closely-watched purchasing managers’ index saw its biggest fall on record last month, resulting in the lowest reading since April 2009
Labour’s new leadership announces housing team
Bristol West MP Thangam Debbonaire named as Keir Starmer's Shadow Secretary of State for Housing.
Conran and Partners to redesign historic Sussex town
Architecture practice appointed to completely rework the the centre of Hailsham, with all-new resi, retail and green space
Country markets & property management bolster Winkworth’s business
Estate agency network Winkworth managed "another good set of results against testing market conditions" last year, but warns that "it is too early to predict what the full effect" of the Covid-19 crisis…
‘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...
£11m price cut for ultra-prime Knightsbridge church conversion
Launched at £55m last August, the remarkable St Saviours House is now asking £44m with virtual viewing options aplenty
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.
Rightmove upgrades virtual viewing features
Property portal fast-tracks video and virtual tour upgrades in response to demand from agents during the Coronavirus lockdown.