Is the property market ‘mini-boom’ over already?

A string of estate agents and surveyors across the country have started to see activity in the housing market slow down after a surge in recent months.  While October saw buyer demand, sales and prices remain solid, the longer-term outlook for the market looks ‘subdued’, experts at the Royal Institution of Chartered Surveyors have warned. … Read more

What is driving the house price mini-boom in lockdown?

Since the government lifted the ban on moving home, estate agents have reported a surge in buyer enquiries, house prices have remained strong, and mortgage applications have rebounded. Halifax recently reported the average UK price had hit its highest level on record in July as months of pent-up buyer demand was released and the stamp … Read more

Property market mini-boom could be followed by a bust, Rics says

The property market mini-boom could go bust as unemployment soars after furlough, estate agents warn Stamp duty holiday is already contributing to lift demand for homes, Rics says But property professionals have warned the recovery may be short lived By Camilla Canocchi for Thisismoney.co.uk Published: 08:13 BST, 13 August 2020 | Updated: 08:13 BST, 13 August … Read more