Lockdown for the property market is lifted, Deciding whether to sell and buy, stay put or rent out? And SP Property in the Press
Once again the London property scene has radically changed since I compiled this market update just a month ago.
Lockdown was unexpectedly (and suddenly) lifted for the property market just over two weeks ago and physical viewings are now permitted. This means that buyers and tenants can physically view properties again and mortgage valuation surveys are starting to resume.
We were out viewing with clients within 48 hours of restrictions easing and I have outlined my thoughts on the opportunities we are seeing and what will determine prices going forward.
For our property management team, it has been very much business as usual over the past 10 weeks, expertly navigating our landlords through the situation, protecting their net rental yields and working with tenants.
With our Home Management service, we have been continuing to manage homes for owner occupiers to ensure our trusted contractors could safely visit homes where essential maintenance and servicing was required.
For those who are not in the UK, we have also been providing much needed Vacant Management services to give peace of mind that their property is in good hands and insurance policies remain valid.
If you require advice or have any questions for our award-winning Property Search or Property Management teams, please do get in touch, it would be our pleasure to help.