Coronavirus: Pent-up demand 'leading to quicker home sales'

Coronavirus: Pent-up demand 'leading to quicker home sales'

Pent-up demand has led to properties taking less time to sell since the height of lockdown, according to research.

In the 90 days to mid-August, a three-bedroom home has typically sold in 24 days, property portal Zoopla said. To read more about this story, please click here
Source : BBC Housing


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The latest 0.25% interest rate cut may look modest on paper, saving the average variable mortgage holder around £31 a month, but its real influence runs deeper. Property markets are powered by confidence, and with mortgage rates easing and lenders competing again, sentiment is shifting. That change in mood is starting to matter.

Discover this stunning three-storey, semi-detached family home in Watton, offering modern contemporary living, a luxurious 2nd floor master bedroom suite, a dining room with sky light for natural light plus a wood burning stove and a delightful low maintenance garden, perfect for modern lifestyles.

This map highlights the average size of homes sold across the UK since 2020, measured in square feet from completed sales. What stands out is how little the averages vary between regions, despite very different housing types. Northern Ireland is the clear exception, with noticeably larger homes on average.

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