About 650,000 homes in Great Britain are in process of being sold, the property website Rightmove has estimated, with the stamp duty holiday increasing activity in the most expensive regions.
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UK house price boom will collapse once buyers lose their jobs
Bars are closing. Restaurants are seeing bookings cancelled. Retailers are worried about the impact of tightened Covid-19 restrictions on their businesses in the run-up to the crucial period. Everywhere there
Continue reading »Rental market reveals UK divide between affluent and deprived areas
Britain’s rental market has diverged since reopening after the Covid-19 lockdown, with the number of homes in affluent areas being let increasing, while activity in deprived neighbourhoods has sharply dropped.
Continue reading »UK house prices soar to record high despite Covid crisis
House prices in the UK jumped to a new record last month, with the average price of a property rising beyond £245,000, according to one of Britain’s largest mortgage lenders.
Continue reading »Mall owner Simon Property sees revenue drop from pandemic
Store closures lead to some malls converting into apartments Some malls across the country are converting empty store space into apartments as the trend of ‘living at the mall’ grows.
Continue reading »Simon Property Group sues Gap over $66M in unpaid rent
How will retailers recover from looting? Retailers face damage from riots while struggling to reopen amid coronavirus. FOX Business’ Lauren Simonetti with more. One of the country's biggest mall operators,
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