UK Home Prices Forecast to Register Zero Growth in 2021

The UK housing market had a strong start to 2020, buoyed by the December election victory of Boris Johnson which promised to end the political and economic uncertainty caused by years of Brexit limbo. That recovery was stalled by the pandemic and the subsequent lockdown, but pent up demand and the government stamp duty holiday has provided a temporary boon to the market that will fade next year as unemployment rises, according to research by Hamptons International.