One of the most highly covered trends throughout the pandemic has been that buyer demand has shifted away from the cities with house-hunters clamouring for larger homes and bigger gardens in more rural areas. However, it seems that flats have far from fallen out of favour with homebuyers in England and Wales during the pandemic, accounting for a notable proportion of market activity. Warwick Estates analysed transaction records from the Land Registry since the start of the pandemic and found that since January of last year, 974,153 residential transactions have been recorded across England and Wales. 150,668 of these have been for flats, accounting for 15% of all market activity during the pandemic. Read more on the Property Reporter website.
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