The latest market analysis has revealed that there are nearly 40% more sales currently going through the buying and selling process compared to this time last year, leading to congestion of sales in progress.
Family and friends will support nearly one in four purchases in 2020, against one in five last year
Welcome to house shopping in the age of coronavirus.
It's not for everyone as, at the moment, house hunters have to use their own headsets.
But Giles Milner, marketing director at estate agent Chestertons, says he will sometimes send buyers headsets for new-build properties, if a development has multiple near-identical apartments with some still being built.
Interest doubled for homes between £400,000 and £500,000 in Harrow, Milton Keynes and Watford
Summer statement raises hopes for flurry of fresh buyers entering property sector
Latest monthly snapshot shows rise in buyers and homes for sale but prices expected to fall
Recovery in sales of new properties has been dramatic after collapsing by 60% in April, according to figures in new report.
"It's now or never!" Wealthy city dwellers are desperate to buy rural retreats in the aftermath of COVID-19, Knight Frank research shows.
The London market for high end properties has surged as the capital’s high rollers seek bigger properties with gardens to make working from home more comfortable.
Figures drop to lowest rate since at least the early 1990s, says Bank of England
The organisation canvassed its estate agency members and found that properties with gardens or access to parks are in greatest demand after the lockdown.
It is fairly clear that with massive unemployment, wage cuts, business failures, and job uncertainty, many people are likely to be cautious about making the biggest investment of their lives - buying a home.
Online agent says pent-up demand is firming up asking prices but data shows London market has failed to rebound
The latest analysis by high-net-worth mortgage broker, Enness Global, has found that transactional volume across the nation’s £1m+ property market failed to bounce back following December’s election result.
Newly released figures from GetAgent have revealed a number of positive trends across the UK property market including a return of industry confidence.
Demand from property hunters rebounded as curbs on the sector were lifted in England - but the trend may be short-lived, analysis suggests.
Rising unemployment is toxic for the property market and low interest rates may not be enough
This morning's figures released by HMRC have revealed that the pandemic and subsequent lockdown measures imposed by the government caused a widely expected slump in April's property transactions.
Britain’s property market has proved to be a cornerstone of economic activity for decades. Without buyers and sellers alike booking removal lorries and moving home, large parts of the economy can lose momentum and drag on growth.
But Savills predicts economy and property market will recover quickly and return to pre-Coronavirus levels next year.
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