Property sales in Oxford were some of the lowest compared with other cities in 2020 according to a new study.

Mortgage platform Haysto analysed the latest government data to reveal which towns saw the highest and lowest rate of property purchases in 2020 and which areas were most impacted by Covid-19.

Oxford had one of the lowest number of property sales with 77.6 property sales per capita.

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Paul Coss, Co-Founder and Specialist Mortgage Broker at Haysto said: “The impact of Covid-19 changed the property market in 2020 nationwide. I believe when we come out of lockdown and the economy starts to bounce back, this could be a good year to move or get on the property ladder.

“Next month lenders are due to launch new mortgage deals with more flexible lending criteria to encourage more people to move home. It’s much-needed to support those who’ve been impacted by Covid-19 such as furloughed staff, self-employed, or people who’ve seen their credit affected by financial struggles.”

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