Market Insight

Autumn 2020

Economic Backdrop

The economy has taken a hit this year, but the real effects will not be felt until 2021. The effects of the pandemic have caused the UK economy to fall into the deepest recession since records began.

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Market Roundup

The post-lockdown bounce, driven by the stamp duty holiday and the demand for green space. The surprising strength of the housing market bounce back has dominated the headlines.

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Market Metrics

The South East has the lowest take-up rate of the furlough scheme in the UK.

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Sales Forecast

The regions playing catch-up will drive price growth in the longer-term. The pandemic precipitated the deepest recession on record in the second quarter of 2020.

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Lettings Forecast

Rents to under perform house prices. To some surprise, the lettings market has recovered more slowly from lockdown than the sales market.

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Demographic Trends

A rural revolution. The rural retreat is beginning to displace the suburban idyll, as urbanites seek more living space and a larger garden.

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