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The Property Market Resumes

View profile for Bakshi Dhanda
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The Housing Market Resumes

Today brings some positive news for the housing market.

Government guidance has given the green light for property viewings in person and visits to Estate Agents for both sales and rentals so long as social distancing is still observed.

With the government estimating that more than 450,000 buyers and renters have been unable to move since March, it’s been a worrying and uncertain time for many and this news brings

Under the new regulations:

  • Key activities related to moving home will be permitted allowing Estate Agents to get back to work.
  • A “reasonable excuse for being away from home” will be expanded to include visiting Estate and Lettings Agents, viewing residential properties, preparing a residential property to move in or sell and moving home. 
  • This also includes Property Valuers attending properties.
  • Buyers, renters, sellers and Estate Agents are likely to have to take extra precautions including keeping 2 metres apart during viewings.
  • The rules that come into force today are a substantial change as the UK housing market has been all but frozen during lockdown to prevent the spread of coronavirus.

Robert Jenrick, the Communities Secretary stated that “Removal Companies, Conveyancers and Estate Agents could restart their businesses with immediate effect. Our clear plan will enable people to move home safely, covering each aspect of the sales and lettings process from viewings to removals.”

The Government also stated that show homes can also open, while removal companies, along with other essential market components, may also fully resume work.

Here at Gepp Solicitors, we have continued to progress our existing clients property transactions as we work remotely. The new regulations will enable us to progress some of our newly instructed property transactions and encourage those clients who chose to put their move on hold, to start proceedings again.

It’s a positive step forward for many buyers, and we’re here to support you through the process. If you have any questions, don’t hesitate to contact our team.

Why not try our FREE, no-obligation conveyancing quote tool?

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For all enquiries, please contact us on 01245 343980, via email or through our contact form on site.