The government has unfrozen England’s property market as of today.
Ministers updated regulation 6 of the Coronavirus Regulations to allow people to leave the house to undertake any of the following activities in connection with the purchase, sale, letting, or rental of a residential property:
- visit estate or letting agents, developer sales offices or show homes;
- view residential properties to look for a property to buy or rent;
- prepare a residential property to move in;
- move home;
- visit a residential property to undertake any activities required for the rental or sale of that property.
Industry experts hope this move by the government will limit the damage to the property market and the legal sector as a whole.
Estate agents, removal firms, and Conveyancing Solicitors in Southport can now operate if they follow strict social-distancing rules.
When the government paused the market on 23 March, some 450,000 people across England and Wales were in the middle of a house move. Now that the government has removed the restrictions, many homeowners stuck in limbo will finally be able to get moving.
While Breens’ conveyancing department has continued to operate albeit with fewer staff, many Southport conveyancing firms furloughed all of their staff and this may hinder the market’s recovery.