NAEA Propertymark comments on Government home moving advice during coronavirus outbreak

Mark Hayward, Chief Executive, NAEA Propertymark comments on the Government home moving advice during the coronavirus outbreak.

“This advice gives long-awaited clarity for home buyers and sellers after some previous mixed messages. The new advice does enable some moves to take place, but under prescribed conditions.

“We now look to lenders to take a pragmatic approach and facilitate extensions on mortgage offers. Agents should nurture any deals that are currently agreed and keep both buyers and sellers informed as the situation develops. Health and safety is imperative, so we urge anyone who can stay home to do so.”

Kindly shared by NAEA Propertymark