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What You Need To Know About Buying A House During The Pandemic

What You Need To Know About Buying A House During The Pandemic

Despite the UK being in recession and the rise in unemployment, the housing market “is performing its strongest for five years” real estate site Zoopla tells Bustle. The rebound in the housing market is “pointing to a wider rebound in the economy” following lockdown, but for those wanting to buy and move the uncertainty can be daunting, especially as some experts are sounding caution over the current housing market boom. So here are five things you should know if you’re buying a house during the coronavirus pandemic.

1. What To Expect From Estate Agents

Depending on your local branch, most estate agents across the UK are open again but are following strict social distancing guidelines. Andrew Groocock, Regional Partner at London-based estate agents Knight Frank tells Bustle that their teams are “adhering to all social distancing guidelines, which means you should be prepared for distancing during viewings, and wearing masks and gloves throughout.”

The government is advising buyers to prepare for delayed moves, as the Home Owners Alliance writes, especially if you or someone you’re moving with has tested positive for COVID-19. It’s also advised that you do the majority of property searching online, “and only physically viewing the properties you are serious about.” If you require a surveyor or a mortgage valuation, there may be a delay due to a backlog of customers…

What You Need To Know About Buying A House During The Pandemic

Despite the UK being in recession and the rise in unemployment, the housing market “is performing its strongest for five years” real estate site Zoopla tells Bustle. The rebound in the housing market is “pointing to a wider rebound in the economy” following lockdown, but for those wanting to buy and move the uncertainty can be daunting, especially as some experts are sounding caution over the current housing market boom.



What You Need To Know About Buying A House During The Pandemic

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