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WHAT HAPPENS TO THE PROPERTY MARKET DURING TIER 4?

Posted on Thursday, December 31, 2020


WHAT HAPPENS TO THE PROPERTY MARKET DURING TIER 4?

Last night the government announced that Stoke-on-Trent was to go into tier 4. A recent spike in Covid-19 cases and a large concern about a new strain of the coronavirus spreading more quickly into the country has left parts of us having to cancel Christmas, something that has left many families disappointed as their Christmas plans are lost.

 

But what about the property market? Do these new regulations affect your move for the new year? No, they don’t!

 

The new rules tell us that people living in a Tier 4 area must not leave or be outside of their home except for where they have a specific purpose, or a ‘reasonable excuse’ and that includes going to work and MOVING HOME.

 

But while people are still allowed to move home, those outside an individual’s bubble should not help with moving property unless absolutely necessary, according to the guidance.

 

Also tells us that estate and letting agents and removal firms can continue to work, with property viewings still allowed to take place as long as they adhere to Covid safety guidance, which includes social distancing and wearing face coverings.

 

Housing secretary Robert Jenrick took to social media to confirm that renters and homeowners in England will be able to move and removal firms, tradespeople and estate agents can still operate by going inside homes.

 

Writing on Twitter, Jenrick said ‘Housing market update: the sales and rental markets remain open in all tiers. All associated activities can continue as before.”

 

What are the new restrictions in tier four?

 

-      Residents should stay at home unless they have a ‘reasonable excuse’ such as work or education

 

-      All non-essential retail will have to close, along with hairdressers, nail bars, and indoor entertainment venues.

  

-      Gyms and indoor swimming pools, indoor sports courts and dance studios must close.

 

-      You cannot meet other people indoors unless you live with them, or they are part of your support bubble.

  

-      People should not leave tier four areas or travel abroad except in limited circumstances (work or education).

 

-      Weddings and civil partnership ceremonies are not allowed except in exceptional circumstances.

 

What are you allowed to do in tier four?

 

-      People can meet one other person from another household in an open public space.

 

-      Buying things at shops which are still open such as food and medicine.

 

-      Support bubbles remain unaffected, as do the exemptions for separated parents and their children.

 

-      Outdoor pools, playgrounds, sports courts, golf courses and horse-riding centres can stay open.

 

-      Leaving home for work, education, training, childcare and medical appointments or emergencies.

 

-      Communal religious worship.