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

Estate Agent Talk

Mortgage overpayments in a confident market

Financial experts are encouraging homeowners and first-time buyers to take a fresh look at mortgage overpayments as confidence builds in the UK property market and interest rates begin to ease. With major lenders cutting rates, improved loan-to-value options for buyers, and growing optimism in the 2026 market, mortgage overpayments are emerging as a powerful and…
Read More →
Breaking News

House price growth remained subdued in August

UK annual house price growth remained broadly stable in August at 1.6% House prices were up 0.2% month on month Headlines Aug-26 Jul-26‡ Monthly Index* 550.1 549.1 Monthly Change* 0.2% -0.1% Annual Change 1.6% 1.4% Average Price (not seasonally adjusted) £275,465 £276,581 * Seasonally adjusted figure (note that monthly % changes are revised when seasonal…
Read More →
Letting Agent Talk

What Adds Three Weeks to Leasehold Conveyancing?

As government reforms target a four-week reduction in homebuying times, Konnect You analysis points to management packs, extra lease enquiries, third-party responses and title issues as recurring leasehold bottlenecks. The government is targeting a reduction of around four weeks in the homebuying process through reforms published in June 2026. Its roadmap proposes more property information upfront and recognises that leaseholders can face delays…
Read More →
bank of england interest rate
Breaking News

Bank of England Money and Credit Report July 2026

Overview These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals decreased to £4.3 billion in July, from £7.7 billion…
Read More →
Breaking News

Breaking Property News 1/9/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   infinitSpace to be new operating partner providing technology and operational infrastructure The Stack, Amsterdam’s new home for AI founders and builders, has selected infinitSpace as its Workspace Operating Partner ahead of its opening in September. The partnership will provide the technology and operational infrastructure behind The…
Read More →
Breaking News

Why Living Near London’s Top Schools Costs a Fortune

Homes near London’s top private schools command premiums of up to 77%   The latest research from London lettings and estate agent, Benham and Reeves, has revealed that homes located close to some of the capital’s highest-ranking private schools command substantial premiums, with property values sitting as much as 77% above the wider local authority average.…
Read More →