Scott Battram examines the London and South East property market in 2020 and provides predictions for 2021

  • May 04, 2021
  • By Scott Battram, Associate

A review of the London and South East property market in 2020 and predictions for 2021

Despite the restrictions caused by the COVID-19 pandemic, the housing market has thrived.  Agents and solicitors have reported a huge growth in the volume of transactions they managed during 2020 and the early part of 2021 and nowhere has this rapid rise in the property market been more prevalent than in London and the South East.

There are a number of factors behind this spike in activity.  The stamp duty holiday has certainly played a part and a build-up of demand during the various lockdowns may have concentrated transactions into shorter periods of time that could have skewed the figures.

However, the effects of remote working and being locked down has also prompted people to look for a new home.

Spending so much time at home made us question whether our current homes provided what we wanted and the likely scenario that we are unlikely to go back to the office on a full-time basis has made living further away, perhaps with more outside space, a practical alternative.

In our brand-new special report, our residential property team look at the last 12 months in much more detail.

Firstly, we cast a retrospective eye over how and why the property market performed so well in London and the South East during 2020 and highlight the areas that have seen the most growth over the last year.

Then we take a look at the future of the London and South East property market.  What should we expect during 2021 and what factors could be influential in driving a continued demand to move in the year ahead.

You can download a copy of our review of the London and South East property market in 2020/21 here.  Or, if you are planning to move to a new house in the near future, please contact one of our residential property team to find out how we will ensure the process is as seamless and efficient as possible for you.


Related News

Apr 14, 2021
Peter Robinson discusses the practical issues arising from registration of land as a Town and Village Green (“TVG”)
Mar 24, 2021
Peter Robinson has been featured in the 2021 Spear’s Property Advisers Index
Feb 08, 2021
Peter Robinson discusses Indexation Based Rent Reviews
Jan 19, 2021
Peter Robinson comments on what new and existing landlords need to know in RBS HomeWise
Jan 04, 2021
Peter Robinson discusses The Supreme Court’s decision in Alexander Devine Children’s Cancer Trust v Housing Solutions Ltd
Dec 11, 2020
Hunters retains Law Society’s Conveyancing Quality Scheme accreditation
Nov 12, 2020
Peter Robinson examines the government’s ban on evictions of commercial tenants during the pandemic and what commercial landlords should consider in The Law Society
Nov 12, 2020
Ben Gurluk comments on the Stamp Duty holiday in the Daily Express
Oct 30, 2020
Peter Robinson examines a recent Supreme Court case that is relevant for property investors in the challenging environment of the retail property market in Lawyer Monthly
Oct 22, 2020
Peter Robinson analyses the government’s extension of moratorium on eviction in New Law Journal

© Hunters Law LLP 2021 | Privacy NoticeLegal & Regulatory | Cookies Policy | Complaints Procedure.

Hunters Law LLP is authorised and regulated by the Solicitors Regulation Authority (number 657218)