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Residential Property Review – June 2020

Posted on 25 June, 2020

Buyer enquiries stabilise – but house price falls remain likely May saw a considerable upswing in buyer enquiries from a record low net balance of -94% in April to -5% in May, according to the latest Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS). Newly agreed sales increased from -93% to -35%, […]

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Economic Review – May 2020

Posted on 04 June, 2020

INFLATION FALLS SHARPLY Official data has revealed that the headline rate of inflation in the UK is now at its lowest level since August 2016, as the economic fallout from the COVID-19 pandemic continues to force price rises down. Figures released by the Office for National Statistics (ONS) showed that the Consumer Prices Index (CPI) […]

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Residential Property Review – May 2020

Posted on 28 May, 2020

Property market reopens under new rules On Monday 11 May, the government surprised many by announcing the reopening of England’s housing market from the following Wednesday. Rightmove reported nearly 5.2 million visits were made to its website on the first day of the lockdown easing, which was a 4% increase on the same day a […]

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