The property market is undoubtedly the most active it has been for as long as most of us can remember, and this is presenting challenges for the industry in terms of supply and moreover, the struggle to process transactions at anything like a normal pace.
We have widely reported the recent insatiable demand for property brought about by a combination of pent-up demand from the pandemic, stamp duty holidays and the underlying strength of the economy, or at least the strength of the sections of the economy that are able to buy property.
We have seen non-essential retail stores closed for a significant proportion of 2020, and this has left retailers with a challenge on how they can promote their often-vast product ranges to their existing and potential customers.
Retailers are now facing a challenging month and of course, November and December are key trading months that for some can make or break what has already been a difficult year.
Welcome to the latest edition of the TwentyCi Property & Homemover Report, providing a comprehensive review of the UK property market, created from the most robust property change sources available.
The most recent update on retail sales from the KPMG-BRC monitor highlighted how physical stores continue to struggle despite the post lockdown retail sales rise.
Having been robbed of the April and May Bank Holidays due to lockdown we can be forgiven for a sense of heady excitement at the prospect of a 3-day weekend and respite from a work from home next Monday.
Given everything we are hearing in the news, the confidence of customers is at an all-time low and when uncertainty dents consumer activity and footfall declines, it is essential to take decisive action with your marketing engagement plans.
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