Following Boris Johnson's announcement, the public have once again been told to "Stay Home". Having repeated the same advise as the beginning of the March lockdown, many businesses have been forced to close.
The Government guidance has requested only essential businesses to remain open, which thankfully includes estate agencies. Although the mixing of households has been disallowed; one of the limited exceptions to this rule is viewings & moving home.
It is advised that virtual video tours should replace in-person viewings, limiting these only to very serious buyers & renters. Serious precaution should be taken while conducting any viewings, including but not limited to: face coverings, social distancing & repeated washing of hands.
Being the third lockdown within the last 10 months, many industries are struggling. However, another lockdown should not affect the property market, as it is proving relentless. Being one of the prime cornerstones of the UK economy, continued progression & an increase in transactions is vital to the value of the £. Thankfully, the lack of lockdown obstacles should see a rise in sales & rentals.
Without the closure of estate agencies, the stamp duty holiday tax can be utilised until the end of March.