Selling season could be a damp squib this year

Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes.

Savills is standing by its pre-pandemic five-year forecasts, despite anticipating a major slump in 2020.

"This does not feel like a re-run of 2008/09 for the UK property market," says Knight Frank, as it forecasts minimal property price drops against a complex economic backdrop.