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The reopening of the housing market and government support in the form of the Stamp Duty holiday has brought a short-term rise in house prices and the demand for property. But as the UK enters a recession experts are predicting that the boom will not last, and house prices could fall.
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Moving home can be stressful enough at the best of times but if you’re considering downsizing to a smaller property, you may find it a particularly tricky endeavour - perhaps worse than all your other house moves combined!
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Homebuyers have clearly been keen to resume their search for their dream abode after having to put it on hold due to the coronavirus crisis, with property sales having soared by 16 per cent in May.
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As the UK housing market reopens while the coronavirus lockdown measures are eased, house hunters are seeking properties with a particular feature more than ever before.
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As the government announces plans to slowly ease the lockdown to restart the UK housing market, which has been frozen since the lockdown measures were introduced, estate agents have been allowed to reopen, organise viewings, and conveyancers and removal firms can restart operations.
