Blog Post

Covid-19: Sales continued in April, despite lockdown

Gill - Head Gillian Bell May 25, 2020, 10:00 AM
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Despite full lockdown across the housing market in April, more than 46,000 residential properties completed during the month on a seasonally adjusted basis.

While this is around half the level recorded a year earlier, it is still higher than expected, suggesting more deals went through to completion than were anticipated.

With restrictions eased on 13th May we expect transaction levels to build over the summer months as transactions already in the conveyancing process combine with newly agreed sales.

Early results from the Dataloft Homemover Survey (due to be published next week), show a strong appetite from prospective buyers to move as soon as they find the right home or sell their current home.

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