Property market remains open despite latest Covid-19 lockdowns

The housing markets in England and Scotland remain open, despite the countries entering new national lockdowns to combat rising Covid-19 infections.

Prime Minister Boris Johnson confirmed this week that England would enter its third lockdown immediately, with rules similar to those from the first national lockdown last year.

However, unlike in March 2020, the property market remains open for business, with viewings and appraisals for sale allowed. Updated government guidance states: “You can still move home. People outside your household or support bubble should not help with moving house unless absolutely necessary.

“Estate and letting agents and removals firms can continue to work. If you are looking to move, you can go to property viewings.”

While pent-up demand continues to work its way through the system, agents report a mixed reaction following the lockdown announcements. While there was some initial uncertainty over whether the market was open, there is continuing interest from buyers looking to move or upsize due to the pandemic.

Overall, buyers and sellers are proceeding with more caution given the new, more contagious variant of Covid-19. They also face more logistical challenges due to the fact schools are closed.

The Scottish Government has confirmed that travel between the rest of the UK and Scotland is allowed for activities connected to moving home, including property viewings. However, it continues to advise that viewings take place virtually where possible.

England’s lockdown is expected to continue through to at least mid-February, while Scotland will review progress at the end of this month.

Government guidance on moving home in England.

Government guidance on moving home in Scotland.