RICS

Cash level raised to 21%

Advises a ‘general lifting’ of material valuation uncertainty

No 'rush to reopen' after RICS recommendations

Suspended dealing on 18 March

Follows RICS latest recommendations on MUCs

RICS to remove MUC guidance

Potential homeowners are panic buying property as supply in the market continues to fall, estate agents have warned.

The housing market revival witnessed in recent months may soon become a full-scale recovery, figures obtained by a property survey suggest.

Activity in the UK housing market has hit a three-year high, surveyors report, supporting hopes of a revival that would help the economic recovery.