If you have any housing market questions, especially in light of the stamp duty holiday deadline, which is still scheduled for 31st March 2021, we are here to help. Please contact us if you require any assistance in the local property market.
The Government wants the housing market to operate during the lockdown period
The Housing Secretary, Robert Jenrick has made it clear that “the housing market will remain open throughout this period. Everyone should continue to play their part in reducing the spread of the virus by following the current guidance.” The Housing Secretary has also said in respect of agents and people moving; “They will need to follow social distancing guidance that has already been published.”
Subsequently, on the evening of 3rd November 2020, the Government issued the following guidance to the industry:
individuals may leave home…
…to undertake any of the following activities in connection with the purchase, sale, letting or rental of a residential property—
(i) visiting estate or letting agents, developer sales offices or show homes;
(ii) viewing residential properties to look for a property to buy or to rent;
(iii) preparing a residential property to move in;
(iv) moving house;
(v) visiting a residential property to undertake any activities required for the rental or sale of that property.
Mark Hayward, Chief Executive, NAEA Propertymark, spoke about the market remaining open, saying; “We welcome the news that the housing market is to remain open throughout this second lockdown period, and it is essential that all agents continue to play their part in reducing the spread of the virus through following all relevant guidance. Agents must operate in accordance with government and Propertymark guidelines, to keep the market moving through these uncertain times.”
As you would expect, we work to high standards, and we aim to continue the working practices and processes we have followed since the property market reopened earlier this year.
The stamp duty holiday deadline is driving activity
If the stamp duty holiday wasn’t in place, the housing market would likely be a lot quieter during this lockdown. However, with the 31st of March deadline still in effect, we expect the market to remain busy. If you are looking to move, but haven’t yet started the process, it is not too late, but you should start as soon as possible.
The heightened level of activity in the market has led to a backlog for many of the tasks involved with buying or selling a home. Conveyancers, mortgage lenders, solicitors, removal companies and estate agents are busy, as well as dealing with COVID regulations.
So, if you want to move soon, it is vital you act quickly, and you are proactive in connecting with buyers.
Some of the services Shropshire Free Agent offer to help you connect with buyers include:
- Free marketing appraisal
- Professional property photography
- Internal property movie
- Drone photography
- Listing on Rightmove and on social media
- For sale boards
- Online and printed property brochures
We understand time is of the essence for many buyers right now, but this doesn’t mean you should compromise on the quality of your sale. As experienced local agents, we are ideally placed to ensure you connect with buyers quickly, enhancing your chances of concluding your property deal in good time.
At Shropshire Free Agent, we offer bespoke services for homeowners looking to sell their home quickly, and for the best price. We offer a free property market appraisal service, and we help you connect with the most likely and viable buyers in the local area.
If you would like to book a property valuation, or arrange an appointment to discuss your options, please call us on 07377 208523 or email us at firstname.lastname@example.org.