Recent research undertaken by leading property agents, Cluttons shows that home ownership is in decline with more Londoners now choosing to rent rather than buying. This is particularly more acute on the 20 to 40 years segment, which are the prime demanders of rental property.
The government’s announcement in mid-May that property viewings could recommence in England has enabled the comatose London property market to slowly come back to life….
As expected, there is speculation about how the property market will fare and what implications this lockdown will have on the wider economy, short, medium and long term. The reality is that no matter what people say, we are all in unchartered waters.