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The NAEA perhaps have some of the most startling facts this month from the indices, especially considering we had our second lockdown in England during November and with price rises for the year recorded of over 5% for most of the indices, Hometrack capture the reason succinctly. Read Kate Faulkner's property price report for January to find out what's really happening.
Following last week’s government announcement outlining proposed reforms to the leasehold system, Mark Chick, ALEP Director and Senior Partner at Bishop & Sewell looks in detail at the changes outlined and considers what they mean for the enfranchisement sector. Read more for the latest leasehold changes.
Over the next year or so, it’s likely to that rents will stagnate – even though some are predicting continued rises. The reason being is that rents are very much tied to wages and it’s hard to see how these will increase that much next year. Read more for our rental market forecasts for 2021 and beyond.
Each month we’ve been following property prices since the market opened in May and we’ve seen house price rises increase more and more each month. And it appears any fears of the second lockdown holding back the market are unwarranted, with Rightmove saying that “first six days of the second lockdown seeing demand up by 49% on this time last year”. Read Kate Faulkner's latest comprehensive property price report here.
When we first started writing about rental reports, there was hardly anyone tracking the market. Now we have some excellent data sources which help us understand what’s actually happening in the market – and it’s probably very different to what the government, MPs, tenant groups and tenants themselves think or feel. Read our latest rental market report here.