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Gloucestershire Business News

Housing market remains open for business despite second lockdown

By Gavin Wallace, director of Perry Bishop and Chambers Cheltenham  

There is confusion once again around rules for the impending Lockdown from November 5, and heightened anxiety amongst those in a housing chain, or about to move to a newly purchased or rented property.

Below, director of Perry Bishop and Chambers Cheltenham Gavin Wallace reassures and clarifies exactly what can be achieved during this next Lockdown period.

"Moving home will still be possible during the next Lockdown coming into effect in England. We would like to reassure our clients and the public that people can continue to view homes and move to a new house, whether buying or renting.

"Those moving will also be relieved to hear that tradespeople will be allowed to enter their new property. In order to feel safe and reassured all must follow the Covid safety guidelines.

"Moving is exciting, but it is also known to be one of life's most stressful events. Add a Lockdown and anxiety reaches a new level."

There will be changes, such as initial virtual viewings, advising sellers to vacate their property during viewings, and ensuring that a property is thoroughly cleaned before someone else moves in.

Buyers are also advised to discuss the possible implications of Covid-19 with their legal professional also and to consider making contractual provisions to manage risks.

"Despite the unsettled landscape we are still experiencing a buoyant housing market, particularly in the higher price brackets, 750-1.5 million," added Mr Wallace.

"People are re-evaluating their lifestyles, looking for a larger home, perhaps with a separate office for remote working, a sizeable garden. The influx of buyers from London is also showing no sign of abating".

For more information, please click here. Alternatively call 01242 246980 or email cheltenham@perrybishop.co.uk.

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