There are ‘bargains for buyers in the capital’s coveted postcodes’ – Coutts

“Some parts of central London are now looking extremely cheap compared to their previous price levels,” suggests Coutts Bank, going so far as to advise its HNW clients that there are “bargains for buyers in the capital’s coveted postcodes” and that the current market “could present a strong buying opportunity, particularly for overseas buyers who could benefit from the current weakness of the pound.”

Lockdown-induced flight from cities is ‘overstated’, says Zoopla

Any increase in demand for country living over urban location is likely “to be a one-off factor rather than a long-term ‘seismic shift’ in consumer attitudes,” says Zoopla. The average UK house price increased by 2.7% in the year to June 2020, according to the portal’s index.