House prices are already rising in virtually every area of the UK as the unprecedented sales surge continues to see demand outstrip supply.
The organisation canvassed its estate agency members and found that properties with gardens or access to parks are in greatest demand after the lockdown.
The UK government is currently seeking to balance the pressure on their own financial bottom line while aiming to ease uncertainty on the public’s finances. To do this they have introduced a series of measures regarding both business and personal hardship. One such announcement was around residential lettings, giving tenants security from eviction and the opportunity, where needed and agreed, to defer rent payments.
As agents close their doors due to the lockdown, the spread of the virus across the UK has led to a near standstill of the housing market. 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 will have a significant impact on the outlook for the rest of the year.
Enquiries, sales volumes and instructions all fell off a cliff in March due to the coronavirus pandemic, the RICS UK Residential Survey found.
Rents across most of the UK look set to increase as rising demand from prospective tenants puts upward pressure on values, according to the February 2020 RICS UK Residential Market Survey.
There has been a renewed deterioration in residential property sales expectations in the UK over the near term, with Brexit uncertainty being a significant factor, the latest market survey shows.
The private rented sector (PRS) plays a vital role in the UK’s housing market, having doubled in numbers of households in the last 20 years but continued Government ‘interference’ is causing problems, according to a new report.
Near term expectations for sales and prices turn slightly negative again.
Buyer enquiries increase marginally for the second consecutive months although sales remain flat.
Landlord instructions continue to fall across lettings market as near-term rent expectations rise.
A pioneering draft guidance for the measurement of land has been published, which if accepted will have far reaching implications for development surveyors, planners and architects across the world.
New buyer interest has increased in the UK for the first time since November 2016 as the housing market becomes more stable, according to the latest residential housing market survey report.
Monthly housing report by the institution reveals an unexpected improvement in the housing market, the best monthly figures since the EU Referendum.
New guidelines relating to commercial property service charges have now come into effect in a move designed to protect tenants from unscrupulous landlords and introducing greater transparency in the sector.
Expectations, demand and sales expectations all down in latest market snapshot
Results continue to display mixed fortunes with changing shopping habits and uncertainty around politics remaining strong influences, according to the Q4 2018 RICS UK Commercial Property Market Survey.
The results of the Q4 2018 RICS Construction and Infrastructure Market Survey show a mixed picture, but there has been a moderation to growth in output across the UK.
Outlook for sales the weakest in two decades, say Britain’s surveyors
The UK housing market is unlikely to see much change in 2019 with a continuation of weakening sales activity, according to the RICS UK Residential Housing Forecast 2019.
Surveyors body expects Brexit and affordability constraints to take toll on property market
Opt in here