< Back to blog

Lockdown 2.0 sparks a surge in property enquiries Posted On 18 November 2020

New lockdown restrictions in England have increased property market activity, similar to the easing of the first lockdown surge.

 

When the first lockdown restrictions were eased, they sparked a record surge in new enquiries for vendors, buyers, landlords and tenants and over the past week, since Lockdown 2.0 was introduced, the market has seen strong growth once again.

 

Stats from Property Industry Eye show that website visitor volumes were 37% higher than the same week last year, and the number of people engaging with estate agents has also risen 37%. In all, new vendor enquiries, new buyer enquiries and new landlord enquiries were all up on last years stats.

 

This is great news for the property market which has been busier than expected over the past six months, and it looks as though it will stay that way into the start of 2021. It comes as industry groups push for a 6-month extension to the Stamp Duty Holiday which is due to end on the 31st March.

 

With mortgage approvals and legal work taking longer than normal, estate agents, surveyors and solicitors are all calling for the Stamp Duty Holiday to be extended for a further 6-months, which in turn, would yet again boost the market to pre-COVID levels. According to Zoopla, around 140,000 property sales are currently in the pipeline.

 

If it doesn’t get extended, there is still time to take advantage of the Stamp Duty Holiday, but you need to be fast. Luckily, there are plenty of buyers out there at the moment, as well as properties on sale to help build chains.

 

Contact us today, to discuss a FREE valuation and the Stamp Duty Holiday…

< Back to blog

Connect with us

Recent Posts

Lockdown easing: What are the changes on Monday

On Monday, the next level of easing of lockdown restrictions begins   The UK continues to reopen, with additional relaxations of lockdown measures coming into place on Monday 17th May. However, we know all the changes can be a little overwhelming and confusing, so we thought we would simplify things. Below is our guide to …

Read more...

May Gardening Guide

May is a wonderful month for your garden, and with our handy guide we have laid it all out for you…   Spring is fully underway. There should be no more frosts and the temperature is steadily getting warmer, which is bliss for your garden. With more sunshine, your plants should get stronger and healthier …

Read more...

Top tips for buyers in this busy property market

How to get your offer accepted when you find the perfect property in a busy seller’s market   The property market is booming. There are a lot more buyers than sellers, which has pushed the price up, alongside the competition, when it comes to purchasing your dream home. But there are steps you can take …

Read more...

Summer design trends

Now’s the time to think about your home’s decor   They say a change is as good as a rest. And although there will be no respite when it comes to actually getting down to do it, there can be no doubt that, once finished, a home makeover is good for the soul. The dilemma …

Read more...

Travel: Green, Amber and Red lists released

On Friday, the government announced which countries are on which list for travel this summer   From 17 May, people in England will be allowed to take holidays abroad in a small number of countries. On Friday, Grant Shapps announced which countries are in which category for travel starting next Monday. The countries have been …

Read more...