As many of you are no doubt aware, the government has recently announced an easing of restrictions for the housing market. This effectively means homebuyers and sellers are now able to carry on with their plans but subject to the existing rules on social distancing. We are sure this will come as a great relief to many who have had to put their move on hold for many weeks.
The two main obstacles at either end of the property transaction have now been lowered. Estate agents are now allowed to carry out viewings on properties, thereby enabling new sales and purchases to enter the market. At the other end, removals firms are now allowed to operate thereby alleviating the pressure that has been building on completions.
It should be stressed that we are by no means back to normal. The country is still subject to strict social distancing rules in an effort to reduce infection rates. Therefore, although Onions & Davies are ready and able to deal with your property transaction, whether it be a new purchase or sale, or completing on a property that has been on hold, there are factors which still need to be taken into consideration. For example, removal firms still need to provide a safe working environment that complies with social distancing rules. Many firms of solicitors have had to close their offices and furlough staff and there may be a delay before they return to being fully operational.
Most importantly, there are vulnerable people who are self-isolating or shielding who will be unable to allow people into their houses to carry out viewings or be reluctant to move house due to risk of infection. We are all going to have to be patient and realise we are not back to normal, whatever will transpire to be the new “normal”. The news of the reopening of the property market is very welcome and we at Onions & Davies will do our utmost to deliver our usual efficient service subject to the restrictions in place and mindful of the particular needs of the more vulnerable in society.
For more information on the governments amended policy regarding the housing market, please follow the link below.
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