MoverAlerts Blog

TwentyCi Property & Homemover Report – Year End 2020

Written by Matt Hawkins | Jan 25, 2021 10:23:43 AM

Welcome to the latest edition of the TwentyCi Property & Homemover Report, providing a comprehensive review of the UK property market, created from the most robust property change sources available.

Our report provides a real-time review of the UK market, covering 99.6% of all sale and rental property moves. This state of the nation report provides unique insight into the people behind the numbers, creating a picture of the demographic, regional and socio-economic factors impacting the housing market, including:

  • Factual data (not modelled or sentiment-based)
  • Full market coverage
  • Demographic overlay
  • Property sales data
  • Property rental data

Headlines 

  • The pandemic property surge – Sales agreed for 2020 surpassed 2019 by over 10% fuelled by a combination of monetary policy (low interest rates), a generous fiscal policy (furlough payments and a stamp duty holiday) and a significant change in consumer preferences (rural locations and additional space).
  • The retailers life raft – There are currently over 550,000 property sales agreed, with an estimated value to the economy of home movers in excess of £12 billion per annum according to Aviva (outside of the transaction value). This value is widely considered to add 3% to GDP per annum.
  • Brexit Impact – So far, we have not seen a discernible impact from the Brexit deal concluded somewhat at the eleventh hour and still not fully understood in terms of its’ housing market impact.