Boris Johnson hits the ‘Lock-Down’ button again

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

Late payment reforms offer hope for SMEs

The Government has unveiled its Small Business Plan aimed to support SMEs and unlock growth. This plan outlines their intention to tackle late payments, an issue which costs the UK economy £11bn a year and forces 38 businesses to shut down every day. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said:…
Read More
Breaking News

Late payment reform is welcome, says FMB

Measures announced as part of the Government’s ‘Small Business Plan’, to tackle late payments and tool theft, futureproof skills, and improve access to finance, are welcome steps to create a more level playing field for small building companies, say the Federation of Master Builders (FMB). Brian Berry, Chief Executive of the FMB commented: “Late payments…
Read More
Social Housing 2019
Breaking News

Build to Rent sees global surge

Build to Rent Goes Global: New Data Reveals Surge in UK, US, Australia and New Zealand New global data from Inventory Base reveals that Build to Rent (BTR) is no longer a UK phenomenon. n, it’s a rapidly expanding housing model gaining serious traction across New Zealand, Australia, and the United States. Nowhere is this…
Read More
Breaking News

Number of estates paying IHT jumps 13%

HMRC has released its annual inheritance tax (IHT) stats for the 2022/23 tax year. Headlines include: Number of estates paying inheritance tax rose 13% to 31,500. The average IHT bill fell by 1.4% to £212,000. 0.03% (202) of estates paid 11% of all inheritance tax and 1% of estates paid around 65% of all inheritance…
Read More
Breaking News

HMRC UK Property Transactions Report for June 2025

Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in June 2025 is 93,530, 1% higher than June 2024 and 13% higher than May 2025 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in June 2025 is 95,080, 5% higher…
Read More
Breaking News

First-time buyers get more market town for their money in the Midlands

Leek, West Midlands is the most affordable market town for first-time buyers, at an average £191,359 Immingham, Yorkshire and the Humber most affordable for all buyers, at £176,918 Overall, average house price in market towns now £363,456, up 5% in the last year and 24% in the last five years First-time buyers paying an average…
Read More