Boris Johnson hits the ‘Lock-Down’ button again

November 1, 2020
Estate Agency Facebook

In a repeat of his actions back earlier in the year when he said we need to flatten the curve, Boris Johnson the UK Prime Minster is locking the country down again based on guesstimates and predictions of a slideshow of graphs.

So again it means a pause to the UK property industry and will also effect millions of small businesses across the country. Furlough scheme at 80% of wages is set to come in to play and the lock down commences on Guy Fawkes day… Millions will be only able to celebrate fireworks for ‘the plan that nearly worked to blow up the houses of parliament’ with members of their household.

Updates on the furlough scheme can be read via the official Government website here: https://www.gov.uk/guidance/check-which-employees-you-can-put-on-furlough-to-use-the-coronavirus-job-retention-scheme#history

The official Government page with regards to ‘advice on home moving during the coronavirus (COVID-19) outbreak’ remain un-updated as of time of writing this article – Check the following page should there be updates: https://www.gov.uk/guidance/government-advice-on-home-moving-during-the-coronavirus-covid-19-outbreak

Robert Jenrick Lock Down

 

Tweets from the UK Housing Minister shows that it is business as usual though it is likely, but remains unknown, that this will involve same steps taken in previous lock down where accompanied views are not able to take place and the usage of video tours become a popular option. Mortgage payment holidays will also be extended and construction site worked are allowed to continue work as usual.

“The new restrictions will mean that in England pubs, restaurants, non-essential shops and gyms will all have to close for four weeks from Thursday (5 November), while holidays in the UK and abroad will not be allowed.” Money Saving Expert

The Estate Agency Facebook page has been busy with comments, feedback and advice since the lock down news – Get involved today: https://www.facebook.com/groups/EstateAgency

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

Brexit housing market winners and losers

England can’t keep pace with the other home nations And the south of England falls well behind the north   The latest research from Yopa has revealed a stark regional divide in house price growth since the Brexit referendum (June 23rd 2016), with Northern Ireland, Wales, Scotland and northern England recording some of the strongest…
Read More →
Breaking News

The Rental Market is Rebalancing

But 78% of Tenants Still Can’t Find What They’re Looking For Nine in ten landlords believe the balance of power in the rental market has shifted in favour of tenants over the last two years – yet a quarter of tenants still feel landlords hold the upper hand, according to new research from LRG. The…
Read More →
Letting Agent Talk

Dispelling the top five biggest letting agent myths

Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is a lot of information and speculation surrounding the sector making…
Read More →
Breaking News

A fifth of Gen Z would move 25 miles or more for affordable housing

Price is the top priority listed by Gen Z for finding a home (24 per cent), with location the aspect most compromised for affordability (21 per cent) Barclays Mortgage data shows the average deposit fell -16.4 per cent year-on-year in May, however it remains the top barrier to homeownership reported by renters Nine in 10…
Read More →
AI in estate agency letting agency property
Breaking News

Can AI-powered search platform push out Rightmove for renters?

Boss of global architecture firm takes on Rightmove with AI-powered search platform where renters describe where they want to live An AI-powered start-up launched by the former boss of a major architecture business wants to disrupt the duopoly of Rightmove and Zoopla by enabling renters to find homes by using normal everyday language – as…
Read More →
Breaking News

Midlands sees largest property management fees increase

The latest research from Rushbrook & Rathbone has found that property management fees in the Midlands have increased by an estimated 53.9% over the past decade, the fastest rate of growth across England’s regions, highlighting a widening divide in costs between the North, Midlands, and South. The research analysed average rental values across England’s regions…
Read More →