Why a 'U-shaped' recovery is more likely than a post-lockdown boom
Charlie Ellingworth and the Property Vision team take a measured look at what the Covid-19 recovery could look like for the UK's economy and real estate sector.
Charlie Ellingworth started acquisition firm Property Vision over thirty years ago. He is on the board of the Cadogan Estate and a trustee there, as well as a director of other smaller property companies. He writes novels, plays and regular articles for the FT and other magazines.
What to read next
59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector
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.
By PrimeResi
Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’
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%...
By PrimeResi
Three Phases: How prime London’s property market will emerge from the Covid-19 lockdown
The ongoing Coronavirus lockdown will be followed by a "mini-boom" in prime London's property market, predicts super-prime specialist estate agency Beauchamp.
By PrimeResi
Companies in this article
Property VisionMost read
Arts & Crafts gem on Kensington Palace Gardens reborn as six ‘world-class’ residences
Luxury developer REDD unveils set of super-prime homes following ambitious five-year restoration of Philip Webb-designed landmark.
Alex Michelin: How driverless cars will reshape the property market
Luxury development chief says driverless revolution could redraw the prime London map.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
Boutique London agency names new MD; opens Fulham office
Landstones has moved into the former Draker space on Fulham Road.
By PrimeResi
Savills makes key resi hire in Dubai
Greg Stockton is on board to link UK developers with investors, wealth managers and adviser in the Middle East.
By PrimeResi
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
By PrimeResi
Harding Green recruits another top Foxtons agent
Sloane Square ops director makes move to self-employed broker model after nearly 17 years with former firm.
Enness Global installs new Chief of Staff
Douglas & Gordon veteran joins the HNW finance firm.
By PrimeResi
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
By PrimeResi
LATEST ARTICLES
Savills completes £170mn townhouse run at Chelsea Barracks
Contracts exchanged on £40mn Banda-designed residence, rounding out sales at Mulberry Square.
In Pictures: Plans lodged for Battersea Power Station’s 16-acre final act
New images reveal Studio Egret West’s vision for up to 3.2mn sq ft at the landmark regen scheme in SW London.
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
Christie’s makes major New York play with launch of 120-agent brokerage
Luxury property brand builds new Manhattan operation around Warburg team, headed up by Kevelyn Guzman.
Global Branded Residence Survey 2026: Sector to top 300,000 units by 2031
New Knight Frank analysis flags big diversification, with growth beyond key cities and non-hotel brands set to account for almost 40% of branded resi supply within two years.
By PrimeResi