What lies ahead for the property market after the extraordinary events of 2020? After the pandemic freeze, the market re-opened to a clamour of demand for relocation that defied all expectations.
The Market Insight Winter 2021 report from the research team at Hamptons International reveals the lessons from 2020, taking in economic, political, social and cultural drivers into account to analyse every sector of the UK housing market.
Economy
Expect considerable focus in 2021 on the pandemic’s impact on employment. Already it is apparent what types of jobs and locations could be hardest hit, with city centres likely to bear the brunt.
Focus
Lessons from 2020 and what they mean for the housing market in 2021.
Market metrics
Most of the sales agreed in December 2020 will go on to complete before the end of the stamp duty holiday.
Lettings
The downbeat mood in the lettings market in 2020 was in marked contrast to the excitement in sales.
Sales
Help to Buy, the government Equity Loan scheme that covers new-build homes in England, is to be restricted this year, ahead of its planned abolition in 2023.
Download the report: Winter 2021 Market Insight
