There is considerable debate as to whether it is safe to sell and/or buy property during the current pandemic of COVID-19. The Government and the Law Society have provided considerable guidance on this topic and this article aims to provide up to date information with key questions and assistance during this time.
Is it safe to move during COVID-19?
The Government advice currently states that anyone can move home if it is safe to do so.
However, there is clear guidance that home moves should be delayed if any party in the transaction has symptoms or has tested positive for coronavirus especially in transactions where there is a large chain. In these circumstances, parties in the transaction should be considerate and understanding to mutually agree to delay completion until it is safe to move and vacate the property. In transactions involving large chains we advise that parties should agree a simultaneous exchange and completion (on the same day).
For further guidance please access the following link:-
Please note the following steps you can take if you are considering to sell or buy property.
What steps can I take to sell my property?
There are various steps you can take to market your property these include:-
- Take videos of your home to market your property;
- Market the property with your local estate agent. Estate agents can now view your property, only if it is safe and no one in the property is self-isolating. It is also advised that social distancing measures are carried out;
- Estate Agents can also arrange virtual viewings of the property in order to prevent the spread of COVID-19 and
- Always instruct a lawyer to act on your behalf who will provide you with advice and send you with property information forms to complete in readiness for when you have agreed a sale.
What steps can I take to purchase a property?
- Steps can be taken to access websites such as Right Move and on estate agents websites to view properties in your desired location;
- Once you have found a property, instruct a lawyer to act on your behalf who will proceed to carry out the property searches to prevent any delays;
- If the property is a new build you should make enquiries with the developer to agree a sale and
- Instruct the surveyor who can carry out the valuation on the property on the basis that it is safe to do so. Surveyors are now carrying out valuations by socially distancing themselves from the owners of the property to prevent the spread of COVID-19.
Please do not hesitate to contact Chester and Co Solicitors on 01202 395395 if you would like to instruct a lawyer on your conveyancing transaction or if you wish to obtain legal advice.