Trends of Prices of Properties in the UK in 2021
Since the outbreak of COVID-19, the property market in the UK has changed. The virus outbreak has equally affected all those involved in the sector. With lockdown came more hassles for the sector. Construction sites had to shut down or do minimal work, house viewings had to stop as well.
Visit Britainreviews.co.uk for a list of real estate companies in the UK and more information about them such as customer opinions. Even with the setbacks and more lockdowns, the sector is operating strongly. Property viewings continued, though differently.
· Differences in Price
Different regions in the UK don’t have the same price change even with the market bubbling. Property prices in London differ from other parts of England as do the conditions like the type of property, ownership, location, and other things. By February this year, house prices had soared at a rate of 1.1{b54d53bcce54f11ebcdd10f64fdc1269d1455ff39ce0169615a4c34f13141e2e} making the average UK house price to be between £254,000 to £254,341.
· Repairs and Insurance Issues
Another part is the ability to maintain and continue repairs or construction on properties. Insurance companies providing insurance for property owners also saw a reduction in regular payments. You can check home insurance brands reviews in the UK …