According to Springboard* retail footfall in England increased by 45% last week as the latest round of lockdown easing took effect. However, with the year on year drop an eye watering 54%, prioritising marketing to attract those customers with the propensity to spend is essential.
There has been adaptations on the restrictions from the Government, in regards to the housing market. On 13 May, the Government announced that it will be easing restrictions for the property market.
On 15 June 2020, all non-essential retail, which includes fashion and luxury retail, is permitted to open for business, provided that safety guidelines are followed.
Generation after generation the buying, and selling of commercial buildings and land has been a thriving business sector. To some it becomes a casual hobby, to others a multi-million-pound business. But we all want a piece of the pie, don’t we?
A key part of any property valuation is the inspection of an existing property, a site to be developed or a scheme under construction. For the last two months, physical inspections have been on hold while we all adhere to government guidance.
Mortgage products are returning following a collapse in availability during lockdown. 77% of mortgage brokers expect lending to return to pre-pandemic levels within nine months.
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