In light of the COVID-19 global pandemic, the UK Government has announced new measures affecting the residential market. Correct as at 24th March 2020.
New measures that will affect both homeowners and renters include interest rate cuts, mortgage holidays and a ban on tenant evictions for the next three months.
To read Strutt & Parker’s update on the impact that COVID-19 is having on the residential market and an overview of the UK economy in full, click here.
