Naturally with the focus on the health and safety of everyone involved in a chain, all parties are being advised to be flexible and ready to adapt to change as the crisis develops. The Government is working with conveyancers to develop a new process for changing completion dates if required and agreeing with banks that mortgage offers should be extended if delays are inevitable.
For those who are in the process of buying a new home at North Stoneham Park, whether you’ve exchanged contracts or not, there is welcome news from the Government that states ‘Where the property being moved into is vacant, then you can continue with this transaction although you should follow the guidance in this document on home removals.’
Solicitors and conveyancers ‘should continue to support the sales process as far as possible and should make sure their clients are aware of the difficulties of completing transactions in this period… [and] continue to support the sales of unoccupied properties as far as possible’.
Estate agents should support their clients and work with them to ‘broker a new date to move where sales are due to complete on occupied properties in the current period where emergency measures are in place to fight coronavirus (COVID-19)’.
Removals firms and surveyors should all be following the latest Government guidance (26 March 2020) that states ‘work carried out in people’s homes can continue, provided the tradesperson is well and has no symptoms or coronavirus (COVID-19)’. Safe distancing advice should always be followed.
Full Government guidance can be found on the gov.uk website here.
Information from the Home Builders Federation can be accessed here.
Full coronavirus (COVID-19) guidance from Public Health England can be found here.
If you are currently in the process of buying a new Highwood home and have any questions or concerns, please contact us on 023 8001 1620.