shlomo Posted September 25, 2021 Share Posted September 25, 2021 https://www.bbc.co.uk/news/business-58502618 Within days of going on the market, one picturesque, two-bedroom stone cottage in the upper Yorkshire Dales had been viewed 10 times, leading to eight offers. Another 10 people are still on the waiting list to see it, attracted by its views over a small waterfall and beck. Potential buyers are coming in with offers above the asking price. Competition is fierce. The market has been like this for months, eager buyers are ringing the local estate agent's phone off the hook. Covid has also led homeowners to reassess where and how they want to live. The pandemic accelerated a shift towards remote working, and has meant big savings for some parts of society. If you add in to the picture government support through stamp duty holidays, as well as historically low mortgage rates, you have a rapid increase in the number of buyers. Quote Link to comment Share on other sites More sharing options...
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