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Month: November 2020

property activity in london

Property sector sees activity increase in Prime London

November 23, 2020November 23, 2020 Anna Hall

Property instructions in the prime areas of London are on the rise. They have risen 68% year on year since October. This paints a positive picture for the coming months. LonRos research has shown that levels of transaction have risen 4% annually in October. Their research shows that 25% more properties are being sold. Marcus […]

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mortagge holiday

The mortgage payment holiday has been extended

November 10, 2020November 10, 2020 Anna Hall

The mortgage payment holiday was due to end in October. But the government has announced that the scheme will be extended. This is in order to help individuals combat the financial impact of coronavirus. Borrowers ,who have not taken a mortgage holiday before, are entitled to take a 6-month payment break on their mortgage payments. […]

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highest since 2004

We are facing the highest levels of housing demand since 2004

November 2, 2020November 2, 2020 Anna Hall

The number of individuals registering as prospective buyers with branches has risen by a third (33%) in September, up from 396 in August to 525 in September. This number almost matches the current record of 581 per branch in June 2004. Mark Heyward, chief of NEAE Propertymark argues that individuals always flood the market in […]

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