One of the most significant issues many people have right now is that we don’t know how long the current situation will last for. There are so many uncertainties and unknowns, and it is unwise to make any prediction on when things will move forward or return to some form of “normality”.
We are operating in a time when the Government has advised house moves don’t take place, unless in exceptional circumstances. The property and lettings markets are effectively on pause, at a time when many industry experts predicted things were looking more optimistic for the UK housing market.
At the end of 2019 and the start of 2020, there were signs an increasing number of buyers were looking for homes. There was even a hope that more vendors were looking to place their property up for sale. Whether you believe this was down to the “Boris Bounce” or some other factor, the statistics backed up the positive feeling in the housing market.
Therefore, it is perfectly natural that many people who planned to make a move, and professionals in the sector, currently feel deflated. After waiting so long for positivity in the property market, an external element that very few people saw coming has led the market to stall again.
The housing market is robust
It should be noted; the housing market is robust and resilient. House sales have rebounded from many challenges, and they will likely do so again. No industry professional should be in a rush to say when this will happen, we certainly won’t, but when the time comes, property transactions will conclude again.
Like virtually every industry, the nature of property deals will likely evolve. We believe video content, such as virtual tours and viewings, will become more commonplace. At Country Properties, we are pleased to say we recognise the importance of video content. This style of content is already in demand from clients, and with more people becoming familiar and confident with video communication, this will inevitably rise. You can rely on us to assist you with any video matters in the housing market when the time comes.
Stay in touch with developments in the housing market
If you have more spare time, you may choose to review the market and look at your options. Some aspects of the market will change, but many elements will stay the same. If you are looking for guidance on what is essential to consider, or what you need to plan a move in the future, we are here to help.
You can rest assured our team will stay in touch with the housing market. Our team will remain fully informed, and if you have any questions, please feel free to contact us. We know our clients have a lot of things to take on board right now. Therefore, you can rely on us to take care of property matters, and we will ensure you are fully informed when the time comes.
Currently, in line with Government guidelines, our Hitchin branch is closed. However, we have key staff working from home, with access to all of our estate agency software, to support all of our clients and keeping ongoing transactions active. To clients old and new, if you have any queries or need advice on property sales and lettings then please call 01462 481100 or email firstname.lastname@example.org