DAWN.COM

Today's Paper | March 19, 2026

Published 17 Aug, 2020 09:25am

British home sales hit record after lockdown

Britons have bought and sold a record number of homes between mid July and early August as pent-up demand from the coronavirus lockdown and a desire to leave London bucked the usual summer slowdown, according to industry data.

The most recent figures from the Bank of England - which cover June, before July’s announcement of a tax break on moving home - showed a sharp rebound in demand for mortgages, but fewer loans were approved than before the pandemic.

Read Comments

Rain, thunderstorm expected in Karachi, other parts of Sindh from March 18-19: Met Office Next Story