House prices shock: Coronavirus to cause average property value to plummet by £30k

Experts are recommending to sell property now and buy later, even if it means renting in-between.

An independent buying agent, Henry Prior, spoke to The Times about the hack.

He said: “There seems to be an unexpected window where a combination of pent-up demand, latent Boris bounce and Brexit relief is convincing some buyers that now is the time to commit to a new home.

“If you can agree a delayed completion then you may not need to rent, but doing so may well be the best bet, because I expect rents to soften and capital values to be five per cent to 10 percent lower come the new year.”

source: express.co.uk