House prices will take a year to recover, Rics warns

House prices could take nearly a year to recover from the fallout of the coronavirus pandemic, the UK’s leading property professionals have warned. A Royal Institution of Chartered Surveyors report said that 80 per cent of its member agents had seen buyers and sellers pull out of property deals during lockdown. Last month, the Rics called … Read more

House prices will take a year to recover, Rics warns

House prices could take nearly a year to recover from the fallout of the coronavirus pandemic, the UK’s leading property professionals have warned. A Royal Institution of Chartered Surveyors report said that 80 per cent of its member agents had seen buyers and sellers pull out of property deals during lockdown.  Last month, the Rics called … Read more

Moving house: Everything you need to know as lockdown eases

The property market has officially reopened for business after the Government said estate agents could restart viewings and home moves could go ahead again. Almost half-a-million property transactions that had stalled in lockdown can restart from today, while sellers can brave the market and buyers can go house hunting again. But it’s far from business … Read more

Halifax index: House prices fall in April 2020 thanks to coronavirus

House prices in April 2020 were still 2.7 per cent higher compared to the same time last year despite the coronavirus outbreak, new monthly data from Halifax reveals. However, property values were down by 0.6 per cent in April compared to in March, the biggest monthly fall in two years, according to the lending giant.  … Read more

Could you value your own home? And would your mortgage lender accept it?

Home sellers will be able to use smartphones, cameras or laptops to capture and share high-resolution photographs and video footage of their property with a chartered surveyor, under plans seen exclusively by This is Money. One company has come up with a system that allows homeowners to give chartered surveyors a virtual tour of their … Read more

‘I can’t wait to move!’: Majority of buyers vow to crack on with moves

The majority of home-seekers are determined to plough ahead with their property transactions once lockdown restrictions are eased, new findings show. Ninety-four per cent of buyers and sellers surveyed in research by property website Rightmove said they want to get their property deal moving when the housing sector is taken off the leash.  As lockdown … Read more