7 min

Property buyers put £82bn worth of purchases on hold due to Covid-19 Lanlord News

    • Investissement

A high number of buyers have postponed or pulled out of property deals as a result of the coronavirus outbreak fearing that economic uncertainty would make their purchase unaffordable or hoping that prices would later fall, new research suggests.

Some 373,000 property transactions have been paused during coronavirus lockdown, with a combined estimated value of £82bn, according to Zoopla.

A high number of buyers have postponed or pulled out of property deals as a result of the coronavirus outbreak fearing that economic uncertainty would make their purchase unaffordable or hoping that prices would later fall, new research suggests.

Some 373,000 property transactions have been paused during coronavirus lockdown, with a combined estimated value of £82bn, according to Zoopla.

7 min