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Although there have been occasional dips in the market over the years, on the whole property prices have been steadily rising in the UK for decades. In the last twenty years, prices in many areas have skyrocketed, something that has tempted many individuals and companies to invest in property.

So far, it’s fair to say that 2020 has been a fairly unusual year for the UK property market. When the COVID-19 lockdown first hit, sales and viewings across the country stopped over night. Many experts were predicting a huge property crash and homeowners everywhere nervously waited to see what would happen. 

The COVID-19 pandemic and subsequent lockdown have taken a huge toll on the UK economy. Thousands of people have been made redundant, millions are on furlough, and many businesses are still unable to trade as normal. As a result, a lot of experts fear a property crash is on its way.
In an effort to stave off any potential drop in house values, and boost the post-lockdown economy, the Government recently announced significant changes to UK stamp duty.

New laws laid in Parliament today (21st July 2020), will deliver much-needed new homes and revitalise town centres across England, Housing Secretary Robert Jenrick has announced.The new rules, which will come into effect by September, will mean full planning applications will not be required to demolish and rebuild unused buildings as homes and commercial and retail properties can be quickly repurposed to help revive our high streets and town centres.

Thanks to travel restrictions imposed following the COVID-19 pandemic, more people than ever are shunning foreign travel and planning a staycation in the UK this summer. With North Norfolk one of the country’s favourite holiday destinations, we thought now would be the perfect time to take a closer look at some of the county’s hidden hideaways.

Set on the stunning Suffolk Coast, not far from the border with Norfolk, Lowestoft is one of the region’s best-known seaside towns. Boasting two piers, a Blue Flag beach and a thriving cultural scene, it’s fast becoming a popular destination for holidaymakers and those looking to relocate. If you’re considering a move to the coast Lowestoft, Britain’s most easterly town, may well be the perfect choice. 

Over the previous 20 years, property prices in the UK have trebled. During the past decade alone, values have increased by an average of 35%, with many experts predicting prices will keep going up and up over the coming years.

Although the price of land has undulated over the years, it’s always been seen as a good investment. Whether it’s for development or for agricultural use, putting your money in land can help you to weather financial storms and economic uncertainty.

If you already own land in Norfolk, working with a developer to make the most of the asset can help you to realise its true value. Alternatively, you can work to develop the land yourself and maximise your profits. Keep reading to find out more.

As soon as the COVID-19 lockdown began, people across the UK immediately felt its impact. Overnight, millions of us started working from home, companies restructured their operating systems and tech solutions were brought in to tackle the new challenges facing a world under lockdown.

At the moment, there’s still a lot of uncertainty surrounding the pandemic, the lockdown and the housing market. However, some trends are beginning to emerge, giving us a glimpse into what the post-COVID market might look like.