The gradual easing of lockdown restrictions is set to trigger a major spike in consumer spending, which is likely to help jump-start the British economy in the run-up to the summer. A report published this week by Deloitte found that despite the UK’s widespread...
COVID-19 (and three consecutive national lockdowns) have had a major impact on the lives of every person in the United Kingdom. In particular, real estate market activity has illustrated how thousands of movers and first-time buyers have completely changed their...
Since it was announced, the March 31 stamp duty holiday in England has been predicted to result in a slow but steady decline in average property values. Following an initial rush of interest, the number of prospective buyers looking to purchase homes prior to the...
Where the UK’s property market is concerned, there is one major difference between the current lockdown and the lockdown of spring 2020. While there may be major complications with property transactions now, the market is still technically open. This is much different...
One of the biggest differences between the current lockdown and the first lockdown last March is that most of the economy has remained up and running. The real estate sector suffered heavily during the first lockdown, when it was forced to shut down entirely for...
New research suggests that residential mortgage brokers are conducting more searches on behalf of furloughed workers than at any time since the height of the initial UK lockdown. According to a report published this week by Knowledge Bank, the term ‘furloughed...
While Britain’s housing market sales have experienced a slowdown during the lockdown, the private rental sector has been buzzing with activity. In fact, the latest report from Rightmove suggests that demand for lettings across the UK is currently 22% higher than it...
With the peak of the Covid-19 outbreak seemingly behind us, the UK economy is slowly beginning to show signs of a gradual return to normality. The housing market has seen a tremendous spike in activity over the past few days, as movers and renters seek to make the...
