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Blog

A fall in construction between April and June means fewer new builds will be coming to the market in the short term. With Covid-19 disrupting house building, Boris Johnson has made construction a priority. Energy Performance Certificate registrations are a good indicator for net additional dwellings. The latest data shows 37,588 fewer new build registrations in England in Q2 2020 than Q2...
Transactions have increased, mortgage approvals are up and house price growth looks strong. With the stamp duty holiday creating increased demand, we expect this positive trend to continue. Nationwide house price index showed an annual increase of 1.5% in July. This follows some cautious June figures, -0.1% annual increase. 40,010 mortgages were approved in June. That’s 331%...
The stamp duty holiday has led to a 14% surge in calls and emails to agents. Properties priced between £400–£500k have seen the biggest increase in interest, 49%. In 2019 they only represented 8% of sales, therefore we may see a shift in the distribution of transactions in 2020. Properties priced between £500–£750k have also seen a surge in interest,...
With just over 35 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 17 weeks to list their properties if they want to make the most of the stamp duty holiday. According to The Advisory, the average time to sell a property, from first day of marketing to completion, is between 16 and 25 weeks. In a hot market, it can take on average...
Climate change was high up the agenda before Covid-19 – most forecasters predicted climate change as the big theme for the property market in 2020. Recently the Chancellor put it back on the agenda. Energy efficiency of houses in England has improved over the last decade. The announcement of the Green Home Grant will help cut energy emissions further, which is important to many...

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