Boris Johnson warned that the government “may have to do more” if he feels lockdown rules are not being followed and subsequently are not enough to stem the current spike in coronavirus cases.
Measures being discussed include a halt on people moving into homes in England, whether as owner-occupiers, private or social renters.
The government has faced calls for a tightening of the restrictions in recent days in order to help reduce Covid-19 infections. Labour leader Keir Starmer has called for property viewings to be stopped during the current lockdown, but ministers are already understood to be considering how to achieve greater enforcement, and that includes, among other measures, property viewings and all home moves being stopped “locally or nationally for a short period of time”, according to government guidance.
Unlike the first lockdown, the housing market has remained open for business, with people permitted to move and estate agents allowed to operate by going inside homes.
Updated government guidance provides useful advice on the impact tighter restrictions could have on moving home, and in turn sales and lettings activity.
Government advice states “It may become necessary to pause all home moves locally or nationally for a short period of time to manage the spread of coronavirus. We will let you know if this needs to happen.”
Even though Estate Agents are more prepared with virtual viewings this time round, one of the key knock on effects is surveyors inability to visit properties and confirm value and condition to the lenders . Clients looking to remortgage would do well to start looking at options now to avoid potential delays. Use our mortgage eligibility tool to see how much you could borrow or speak to one of our consultants today on 02394 212912.