Hotel quarantine confirmed

Hotel quarantine confirmed

The 1-minute read to get the money news you need

Quarantine checks in

Arrivals from high-risk countries including South Africa and Portugal will have to pay to self-isolate in a hotel when they get to the UK. It’s a system already used in Australia and New Zealand, where the virus is well under control. The new measures come as the UK passes the grim milestone of 100,000 deaths from coronavirus.

Home sellers hold off

There are fewer homes for sale so far in 2021, as homeowners hold off from putting their properties on the market. The supply of new homes on the market has fallen 12%* compared to January 2020, according to Zoopla. Would-be sellers are reluctant to risk holding viewings amid high rates of coronavirus.

Renters go rural

Rental prices in UK cities have dropped up to 12% in the last year, while rising in parts of Northern England, according to Rightmove. Renters are swapping inner city life for more space during lockdown. It’s led to a flood of properties for rent in London, Edinburgh, and Manchester.

*this article may need a subscription to read