This year is on course to be the strongest year for house buying since 2006.
According to UK Finance, the trade body for Britain’s banks, predictions made in the early days of the pandemic that sales would slump were utterly incorrect, with “Covid-era activity set to eclipse everything since the credit crunch”.
In its latest household finance review, covering July to September, UK Finance said: “Barring a complete reversal of the current picture, purchase transactions in 2021 will reach their highest level seen since the peak in 2006, just before the global financial crisis.”