Would Tier 5 close down Estate Agency business?

Estate Agency during covid19

As rumours circulate on a new tier 5 from the government, many in estate agency are questioning what effect this will have in the operating of selling property. Tier 4 we are in with tier 5 looking likely and as Buzz Lightyear would say, maybe even tier infinity and beyond is starring at us on the horizon.

Tier 4 saw confusion as governments guidelines were brief and undetailed, most estate agents it was carry on as before and only a handful, maybe those deeper in the belief of the pandemic, closed their stores and remained ‘online only’. Official guidance stated that ‘Estate and letting agents and removals firms can continue to work.‘ with obviously most respecting the requirements of the government regarding safe business practice during the pandemic.

As furlough extended itself until end of April 2021, those with common sense can see this means a further four months of severe lock downs ahead, non essential businesses at least closed and restrictions on our daily lives / aka our freedom. This is likely to be entitled tier 5, one of many aces that Boris Jonson has up his sleeve, a more severe strain of covid splattering the front pages of our most trusted and respected press (not) here in the UK, further scaremongering people in to masks, tests and vaccinations with not an ounce of proof that any of it is necessary.

Tier 5 and Estate Agency?

You pay your commission, not always cheap and not always welcomed, to get the free flowing events organised and smooth lined for you by an estate agency who have many years of experience – There is a lot of work that goes in to buying/selling homes. The fact that we mostly view property online means that the tier 5 is likely to have less of an effect in us viewing property of interest, but what about the services we require to aid this? How about the photography / videography, will this be allowed? Can all services to the industry work from home? What about the legals, the surveys, the valuations, for sale signs, programmers and many more who will be potentially hindered / halted by tier 5 (whatever its constraints are).

As an estate agent, will you remain open? If a new strain of covid is pushed out to the media, will this simply make it impossible to stay open on the high street at least? Face masks, desk shields, hand sanitisers, social distancing and more all obviously do not work, how else will they ask you to protect yourself and others from the dreaded covid!

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Gap between house prices and earnings narrows

Gap between house prices and earnings narrows – but higher borrowing costs limit affordability gains UK’s house price to income ratio falls from 7.6 to 7.3, an 11-year low, as earnings continue to outpace house price growth For first-time buyers, homes now cost less than six times earnings, falling from 6.1 to 5.9 However, monthly…
Read More →
Rightmove logo
Breaking News

New Scheme Could Double Solo Buyer New-Build Options

Your First Home could more than double new-build options for solo first-time buyers The number of available new-build homes in England affordable to an average single first-time buyer could more than double (+114%) under the new Your First Home scheme The maximum purchase price affordable to an average solo buyer could increase by nearly £49,000,…
Read More →
Breaking News

Annual house price growth halves in September

UK annual house price growth halved to 0.8% in September, from 1.6% in August Northern Ireland remained best performing region, with prices up 5.9% year on year in Q3 2026 East Anglia weakest performing region, with annual decline of 0.7% Terraced properties were the strongest performing property type, with a 1.8% rise, whilst flats remained…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

Homesellers say valuation appointment is key

Nearly nine in 10 home sellers say the valuation appointment is key when choosing an estate agent   The latest research from GetAgent.co.uk has revealed that the valuation appointment remains one of the most influential stages of the home selling journey, with almost nine in 10 sellers saying it played an important role when deciding which…
Read More →
Rightmove logo
Breaking News

London’s rental market bucks the national trend

New analysis from the UK’s largest property platform Rightmove reveals that rental demand in the capital is up 7% in September while Great Britain overall is 2% below last year Rental demand in London had been running around 7% below 2025 levels on average throughout 2026 until the end of August before moving into growth…
Read More →
Breaking News

Higher mortgage rates put buyers in the driving seat

Market conditions vary locally: three in four Scottish homes find a buyer within three months, compared with just three in ten in London   Mortgage rates now average 5.2 per cent, the highest level in three years, adding £150 a month (£1,800 a year) to typical repayments and further cooling buyer demand Homes for sale…
Read More →