millbak property based investments
From Knight Knox
The UK took a massive step towards some form of normality in April as we started to see the lifting of the government’s stringent lockdown restrictions. In line with the initial roadmap timescale, we saw the re-opening of non-essential retail, hairdressers and barbers and outdoor hospitality across the UK.
In amongst this excitement, the property market continued to surpass expectations in another record breaking month. New data from Twenty CI revealed that property demand is at its highest levels in a decade, with sales agreed in March seeing an astonishing 77% year-on-year increase. The number of property completions also increased by 66% in March 2021 when compared to that of a pre-covid March 2019. The mix of increased demand, rising house prices and government incentives have all culminated to form this unprecedented and extremely prosperous period in the property market.


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