The real estate market is again open to business, real estate agents being allowed to return to work

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New guidelines released by the government say that starting today, real estate agents can reopen with authorized visits and removal companies and carriers can restart their businesses – relieving the estimated 450,000 buyers and tenants having pending plans.
However, the Secretary of Housing, Robert Jenrick, warned that the restart of operations must be done safely and carried out according to rules of social distancing.
He said: “Our clear plan will allow people to get home safely, covering every aspect of the sales and rental process, from visits to moves. This critical industry can now move forward safely, and those who patiently wait to move can now do so. “
The new rules do not apply to property companies in Wales, Scotland and Northern Ireland, which remain closed.
The Housing Secretary also announced a series of measures for the housing construction sector, including:
Allow manufacturers to agree more flexible working hours with their local council, such as staggered arrival times to ease the pressure on public transport
Allow local boards and developers to publicize planning apps via social media, rather than relying on posters and flyers
Provide support to small developers by allowing them to defer payments to municipalities to streamline cash flow
Stewart Baseley, executive chairman of the Federation of Home Builders, said: “The resumption of construction will play a major role in boosting the economy and delivering the housing the country needs. It should also give the supply chain the confidence it needs to speed up its own restart. “
David Cox, Chief Executive Officer of PMRA Propertymark and Mark Hayward, Managing Director of NAEA Propertymark, comments: “It is great news for consumers and the industry that the housing market is opening up and people can again rent, rent, buy and sell properties. The new regulations provide clarity to agents and allow them to cope with pent-up consumer demand. It is also a step to reinvigorate the housing market and will stimulate the economy.
“Safety, of course, will be paramount, and we encourage everyone to make sure that they follow government guidelines carefully to protect others and themselves. “
Tom mundy, COO, Goodlord, comments: “It is a great relief to know that property visits and moves will be allowed again this week. The whole industry has been put on hold, with increased demand in the rental market, which means this news will be music to the ears of rental agents and tenants. Our Activity Trackers Activity Tracker showed a steady increase in market activity during the first week of May, demonstrating that some of this pent-up demand was already starting to leak. This announcement therefore comes at the right time.
“Some important questions remain, however, about how we keep everyone safe as we kick-start the industry. We very much hope that the government will publish more detailed advice on social distancing and how to protect tenants, potential tenants and agents – especially with regard to visits. In the meantime, everyone in the industry must use a common sense approach to make things as safe as possible and to offer digital options to all parties whenever possible. ”

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