Fuelled by the recent stamp duty holiday the housing market is enjoyed a mini post lockdown boom.
“Rightmove reports an increase both in average asking prices and the number of deals being struck this month. Average London asking prices are up to half a per cent since lockdown began, to £641,854, representing a cash increase of £3,209, while prices over the past year in the capital are up an inflation-busting 3.9 per cent.”
Has the recent experience of lockdown led to homeowners questioning what they need from their homes? Working from home will mean less need for a daily commute which could lead to a total change in lifestyle as people look to move out of the city.
With the constant threat of a second wave and the furlough scheme coming to an end in the autumn we could still be looking at an uncertain time ahead.
Are you considering how you use your home post lockdown?