UK property

PHOTO: UK property

THOUSANDS of house moves are on hold during the coronavirus lockdown, causing many to fall through, while owners are left to shoulder massive legal costs.

Some 73,500 mortgage approvals were made in February alone – the highest monthly figure in six years.

But then Covid-19 hit, causing havoc for housing chains across the country.

Transaction volumes could fall by 80 per cent during the spring period compared with last year, Zoopla has warned.

We speak to an estate agent and a mover about their view from the ground and assess what you can do.


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