Just one in five deals fall through as ‘Covid clauses’ keep sales pipelines flowing

New sales instructions have increased by 16%, says Knight Frank, as supply catches up with post-lockdown demand.

Some 704,000 homes are marked Sold Subject to Contract and are now going through the sales process, according to Rightmove; it's the biggest sales pipeline of the last decade, 78% higher than in May 2019.

The ongoing Coronavirus lockdown will be followed by a "mini-boom" in prime London's property market, predicts super-prime specialist estate agency Beauchamp.