Coronavirus Archives • Page 2 of 10 • PrimeResi

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London

‘Covid-19 has increased the desire to move home, with more space the key driver’ for prime buyers

3rd Sep 2020 07:20

The latest Savills buyer survey reveals “a greater urgency in the desire to move home”, allowing the top-end estate agency to predict that the current surge in buying activity will continue beyond the summer – particularly in country markets.

News

New AI-powered air filtration system promises to ‘remove 100% of Covid-19 virus within 45 minutes’

12th Aug 2020 08:56

by PrimeResi

Several super-prime resi developments in London are already in talks about installing the new OKTOair system.

News

Property price growth plummets in prime global cities, but ‘this is not a financial crisis as in 2008’

3rd Aug 2020 09:04

by PrimeResi

Prime global cities indices from Knight Frank and Savills reveal how Covid-19 has affected international property markets.

News

National

59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector

28th Jul 2020 06:43

by PrimeResi

The UK’s Covid-19 lockdown caused a dramatic slump in the number of new instruction and sales agreed, reports Twenty EA, but property exchanges appear to have been more resilient.

News

National

‘There are signs that normality is returning’ to the property market, says Knight Frank, but uncertainty remains

27th Jul 2020 06:24

by PrimeResi

“The UK will officially be declared to have entered a recession next month,” says Knight Frank’s Tom Bill. “Recessions are not normally good news for the property market but given how strongly it is performing, this is also unlikely to be any ordinary recession.”

News

Covid-19’s impact on global property markets ‘will likely be less than in the global financial crisis’

23rd Jul 2020 07:50

by PrimeResi

“A full house price crash [is] a distinct possibility,” warns Oxford Economics as it assesses the potential fallout of the Covid-19 pandemic on global markets. But “a much more likely scenario is sideways movement or a modest price correction even in the most overpriced markets.”

News

National

Around 90% of estate agency branches have now reopened

17th Jul 2020 07:02

by PrimeResi

Only about half of high street business have re-opened since the Coronavirus lockdown, says The Local Data Company, but 88% of estate agency branches had opened their doors by the start of July.

News

National

Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’

13th Jul 2020 11:09

by PrimeResi

House prices are likely to fall by 7% as a result of Covid-19, predicts Oxford Economics – but the risks are “heavily skewed” towards much, much bigger price falls of almost 40%…

News

Treasury floats SDLT holiday as part of Coronavirus recovery measures

6th Jul 2020 07:26

by PrimeResi

Rumours are circulating of a Stamp Duty holiday up to £500k.

News

National

Half of homeowners have ‘reordered their priorities’; one in seven have cancelled plans to move home in the next year

3rd Jul 2020 08:00

by PrimeResi

A survey by Zoopla has revealed that one in seven (14%) of those who were planning to move home before the pandemic hit have cancelled or paused those plans for more than a year.

News

Property investor-developers have reduced intended UK spend by £1.2bn, says the BPF

1st Jul 2020 06:48

by PrimeResi

The British Property Federation has published a “Covid-19 recovery roadmap”, suggesting that Stamp Duty be temporarily cut for institutional build-to-rent investors, and a reduction of VAT on residential property repairs and maintenance.

News

Countrywide reveals lockdown impact & bounce-back performance

26th Jun 2020 08:14

by PrimeResi

“Early trading indicators in England are encouraging and we expect a similar bounce back in Wales and Scotland,” says Countrywide’s Board ahead of the Plc’s AGM. New sales instructions last week were running at 94% of 2019 levels and 86% of the average in the first 12 weeks of the year.

Tag: Coronavirus

‘Covid-19 has increased the desire to move home, with more space the key driver’ for prime buyers

New AI-powered air filtration system promises to ‘remove 100% of Covid-19 virus within 45 minutes’

Property price growth plummets in prime global cities, but ‘this is not a financial crisis as in 2008’

59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector

‘There are signs that normality is returning’ to the property market, says Knight Frank, but uncertainty remains

Covid-19’s impact on global property markets ‘will likely be less than in the global financial crisis’

Around 90% of estate agency branches have now reopened

Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’

Treasury floats SDLT holiday as part of Coronavirus recovery measures

Half of homeowners have ‘reordered their priorities’; one in seven have cancelled plans to move home in the next year

Property investor-developers have reduced intended UK spend by £1.2bn, says the BPF

Countrywide reveals lockdown impact & bounce-back performance

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