Property Investors Weekly News: 02/11/2020

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Property Investors Weekly News: 02/11/2020

This week we’ve collated some top news stories from the world of property investing. It has been another interesting week and fortunately the housing market has managed to escape the new restrictions and its business are usual for us. It’s time to strap in, turn the tv off and get ready for some property updates:

Housing market escapes lockdown 2.0

Following Saturday’s announcement by the UK Government, the housing market has managed to escape the restrictions and has avoided a repeat performance of what we saw earlier this year with the first lockdown.

https://www.propertyreporter.co.uk/property/housing-market-escapes-lockdown-20.html

New lockdown rules on buying, selling, moving home and tradespeople

Housing Secretary Robert Jenrick took to social media to confirm that renters and homeowners in England will be able to move and removal firms, tradespeople, and estate agents can still operate by going inside homes. COVID safety guidance must be followed at all times.

https://propertyindustryeye.com/new-lockdown-rules-on-buying-selling-moving-home-and-tradespeople/

Industry urges government to extend stamp duty holiday

The home moving industry has written to the chancellor Rishi Sunak calling for an extension to the stamp duty holiday for at least six months.

https://www.mortgagestrategy.co.uk/news/industry-urges-government-to-extend-stamp-duty-holiday/

Demand for housing hits 16-year high

Latest data and analysis from NAEA Propertymark in September, the number of prospective buyers who registered at estate agency branches rose by 33% – figures not seen since June 2004.

https://www.propertyreporter.co.uk/property/demand-for-housing-hits-16-year-high.html

That’s it for our weekly property news, here’s to November being a great month for property investment!

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