The UK residential property market has hit significant highs and lows during the last 18 months, due to the pandemic, politics and how professional life is changing, but what’s should buyers and sellers be aware of?
On the political front, the rental eviction ban for COVID-19 sufferers ceased on 31 May 2021, and notice periods and property taxation relief are being reduced. Investors and owners, meanwhile, have continued to see property prices and rental yields influenced by flexible working decisions and, while lockdowns were easing, virus variants have continued to dominate news headlines. And there have been other matters also affecting sentiment.
In a session hosted by David McFadzean, head of wealth management at Nedbank Private Wealth, we heard from Marcus Dixon, head of research and data analysis at LonRes, and Rob Cohen, managing director of the MJ Group International. The discussion saw our experts provide an update on the latest market news and views, as well as their predictions for the coming months.
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