So, the UK is in recession, yet no one has informed the property market. Any Estate Agent who believes this market will last forever, when still 5.3m people are still on furlough and GDP still around 10% lower than going into Covid + the Brexit issue on the horizon and second semi lockdown, has to be mistaken. I am not a doom-monger, far from it, yet the simple facts are when uncertainty creeps into the economy, and all the above issues will cause that, there is going to be some form of contraction in the property market eventually, even if doesnt affect property values, it will certainly reduce the number of transactions of properties sold. Many agents are worried if property values drop that will affect their agency, yet the biggest issue isn’t property values, its is the number of transactions, the number of people looking to move home in 2021 and 2022. Even if property values drop by 20%, if you charge 1.5% instead of dropping your pants down to 1%, you would still be better ...