Property Investors Weekly News: 28/9/2020

Hello there, you Sourcesome people. We are here again for your weekly dose of property news and we’ve pulled together some of the hottest property articles. So strap in, turn off the tv and get ready for some updates:

Three and four bedroom homes break price record as buyers fight for space

The latest market analysis from Rightmove has revealed that there are almost 40% more sales currently going through the buying and selling process compared to this time last year.

Lockdown has resulted in the trend of up-sizing to a larger home which has lead to record asking prices of three and four bedroom homes.

https://www.propertyreporter.co.uk/property/three-and-four-bedroom-homes-break-price-record-as-buyers-fight-for-space.html

No cuts : properties twice as likely to sell if asking price doesn’t change

Property sellers are twice as likely to find a buyer for their property if the original asking price does not change according to Rightmove.

https://www.estateagenttoday.co.uk/breaking-news/2020/9/no-cuts-properties-twice-as-likely-to-sell-if-asking-price-doesnt-change

Autumn Budget cancelled

The Autumn Budget has been cancelled due to the uncertainty of the pandemic.

Have a great week and speak to you soon!