Property News

The State of the UK Property Market After COVID-19

The UK property market is continuing to rally following the pandemic lockdowns and is being driven by strong demand from homebuyers, new data has revealed. Sales completions are forecast to reach 1.5 million this year, up from 1.04 million last year – the highest level since 2007. The value of sales in 2021 is forecast to be £461 billion, up an impressive 68 per cent from 2019. Furthermore, although fractionally down on the 4.7 per cent peak earlier in the year, annual house price growth is also up on last year at 4.1 per cent, which is almost double the 2.3 per cent increase in April 2020.


Buying BTL Property At Auction: A Quick Guide

If you’re trying to bag yourself a cheap buy-to-let property that will bring in a handy income for you, you might be thinking about attending an auction. After all – it looks simple enough on those daytime TV shows, where enthusiastic bidders are filmed renovating bargain properties, which they then sell or let for a healthy yield. How hard can it be?


UK Housing Market on Course for a New Year Correction

House prices have have gone crazy recently as buyers rush to take advantage of the stamp duty discount, which runs until the end of March 2021. However, it appears the house price boom may be about to come to a grinding halt with new data showing a predicted fall in prices in January and February.


New Tier 4 rules on buying, selling, moving home, and tradespeople

The government’s decision to introduce new tier 4 restrictions for London, the south-east and east of England, amid a surge in Covid-19 cases and growing concern about a new strain of coronavirus spreading rapidly in the region, has left many people feeling disappointed as their Christmas plans are thrown into disarray.