Here is the latest property news hot off the press
It looks like renters are slowly returning to central London after the last three lockdowns. Rightmove have started to see increased activity levels, which they attribute to the attraction of lower rents and the prospect of a return to "normal life". Click here to read more
Good news for properties requiring EWS1 certificates as RICS have updated their guidance on buildings with cladding, this is intended to reduce the number of EWS1 certificates required by clarifying the circumstances in which they're required. Click here to read more
After a year living with Covid it It is very interesting how the pandemic has reshaped the property market, from house prices rising to people buying houses without actually visiting them with the aid of a virtual tour and August being the busiest month of the year when historically is normally the quietest. Click here to read more Savills have revised their forecast for 2021 house price growth to 4%, up from the 0% prediction they made a few months ago. Their five-year forecast shows growth of 21% across the UK, with the highest growth in Yorkshire and the North West. Click here to read more
It looks like it is the strongest spring sellers’ market in the past decade. The number of potential buyers enquiring about each available property in the month of March so far is at a record, and is 34% higher than the same period a year ago, which was itself an active market before the first lockdown. The average asking price of a property coming to market has risen by 2.7% in the past 12 months to £321,064 nationally. Click here to read more
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