While Brits stew in lockdown, they are not moving house. Indeed, the government has now urged people to stay put for the time being to help limit the spread of the coronavirus. Completions have been put on hold and estate agents have shut up shop. The nerves which have started to trickle into the housing market after its post-election bounce are threatening to turn into full-scale panic. Banks are pressing for a full suspension of the market to prevent further pain.
Ready to join us? Start with a free account
Become a registered user today and enjoy:
- 3 free full-length articles every month
- Weekly editorial newsletters providing the latest market updates
- investment tools to help you manage your portfolio
- In-depth podcasts on topics that matter to your money