Despite the ravages of Covid-19, last year was a record year for property prices, with the average price increasing by more than £16,000 compared to the previous year, according to new government data.
The Government has confirmed that the commercial property evictions ban has been extended by a further three months, to 30 June 2021.
House price growth was at 5.2 per cent in February 2021 according to the latest figures from Halifax, down slightly from 5.4 per cent in January.
Rent arrears in the commercial property sector could reach £7 billion by June 2021, according to the latest research, with the coronavirus pandemic having a significant effect on businesses.
The new digital probate system launched last year “is still causing significant delays” to the estate administration process, it has been warned.