The property industry is daring to breathe a (small) sigh of relief as updated Government advice on moving home during the ongoing Covid-19 outbreak was released this morning.
The new guidance demonstrates a reassuring effort by the Government to encourage people to re-engage with the property market, providing specific commentary for developers, conveyancers, estate agents, surveyors and removals companies.
Whilst the guidance itself comes with reminders to movers and real estate professionals to manage risks carefully, be "as flexible as possible" and adhere closely to social distancing rules, the changes have undoubtedly seen a positive reception from many in the industry and, as Alistair Elliott of Knight Frank comments, are "a major first step".
The Government advice warns that these measures should not be seen as a "return to normality" but with an estimated 450,000 buyers and renters with plans currently on hold, the improved clarity for this hugely important sector is hoped to boost market confidence and enable those who've been patiently waiting to move safely.
The government has set out plans to restart England's housing market, which has been in deep freeze since the coronavirus lockdown.