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Since activity resumed in the property market rental demand has continued to rise. According to Rightmove, upon the reopening of the property market rental searches rose by 22% higher than May 2019. With people being able to streamline their searches with virtual viewings, and finally be able to physically view property they are interested in, this has enabled more effective property searches. The private rented sector can work at a much faster pace than sales with less paperwork and planning; further accelerating the activity.
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The ups and downs of the past few months haven’t gone unnoticed in England. But for borrowers and buyers, there’s certainly some positive news right now.
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The government has as of 8th July 2020 unveiled a new stamp duty holiday that will run until 31st March 2021.
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Unfortunately we lost the most beautiful sister/daughter to our squirrel family on Friday 29th May at 2.35am through her battle with cancer! ?❤️
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With an estimated £82 billion of property transactions on hold due to coronavirus, the Government announce in the middle of last month that operations could resume, with the appropriate measures in place, was welcome news to many.
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