Cushman & Wakefield Residential Markets - 29.06.20

With all English markets continuing to experience above recent average agreed sales, activity in Scotland remains flat. However, with the market reopening there on the 29th of June, we expect the huge spike in on-line viewing activity to result in a wave of agreed sales north of the border.

In London, despite a relatively healthy sales market, the number of available rental properties continues to grow at an alarming pace. A trend unique to the capital, and not evident elsewhere in the UK.

We also take a ‘now & then’ look at higher risk lending in mortgage markets. Whilst unwise to draw too many comparisons between the current situation, and the Global Financial Crisis (GFC), we can clearly see a huge reduction in what we’d consider ‘at risk’ outstanding mortgages as we enter largely unchartered waters.

And finally, in Land markets, our sentiment tracker continues to highlight green shoots, with early signs of the PLC developers returning to buy mode.

For the full databook, please click HERE.

Should you have any questions, please do feel free to drop me an email – [email protected]