| Comment | Sell ASAP. There's a lot of pent up activity in the market atm (people who've been looking to buy/sell for 6 months but couldn't because the world had ended) so properties are going for 30%+ over their value.
I don't agree with some of the people here that we're in a boom now and bust in 6 month's time. There's too many government schemes artificially inflating the market (help to buy/lifetime ISAs) for a crash any time soon. Even if the worst happens when furlough ends and millions of people lose their jobs, there's enough foreign investors and buy to let landlords with access to cheap credit to hoover up any forced sales. Property prices are likely to stay pretty high for the foreseeable IMO |
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