The March 2020 RICS UK Residential Market Survey results highlight that despite the first few months of the year showing a marked pick-up in market activity, this month, as agents and the market go into lockdown, will have a significant impact on the outlook for the rest of 2020. See a summary below or go to downloads on this page and grab a full copy of the report.
Mark Hayward the Chief Executive of NAEA Propertymark, one of the two key professional bodies regulating estate agency in the UK, spoke on an industry webinar on Tuesday 14th and informed agents watching that the government are already looking at how they can help the housing market recovery.
At present all Registered RICS surveyors and valuers have had their work put on hold, taking into account the understandable government restrictions on business and social movement.
Outstanding patience and consideration from both Landlords and Tenants in these unprecedented times. We are getting through this together!
Many people are wondering how the property market will fare in the coming weeks, months and years. Although we don’t have the answers to those questions, we can make some general comments and observations.
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