Bigger space: Employees work on the upper floors of new homes under construction at a Countryside Properties Plc new housing development in Chelmsford. Many prefer to move to the countryside now than be cooped up in a small flat in the city. ─ Bloomberg
LONDON: British house prices will flatline this year as a property sales tax cut is due to expire and unemployment is expected to rise, according to property market analysts polled by Reuters who said activity would be driven by a desire for more living space.
Like much of the world, Britons have endured months of tough lockdown restrictions to try to stop the coronavirus from spreading and having been cooped up indoors, with many working from home. Some of those who can afford to now wish to move.
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