With the nation preparing for the phased easing of lockdown restrictions, the question that many are pondering is what the UK residential property market might look like once the Covid 'freeze' on activity starts melting.

Amidst unprecedented operational uncertainty and volatility in financial markets, UK residential property prices and transaction levels have been unsurprisingly subdued. Depending on the speed with which the government's roadmap for re-opening the economy can be implemented and the overall severity of the Covid-induced economic disruption, the expectation is that property prices will drop further still in the ne...