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Get Ready to Move House Once Lockdown is Lifted

Get Ready to Move House Once Lockdown is Lifted

With suggestions the property market is earmarked as one of the first to reopen after lockdown, what should you be doing now to get your home move back on track?

The property market has been earmarked as one of the industries that can quickly help offset some of the coronavirus hit to the economy with minimum risks to spreading Covid-19, according to recent government reports.

This will be welcome news for many homeowners and buyers who had their home moves halted as the country locked down in an attempt to contain the spread of the coronavirus.

In practice though, with lockdown set to continue, homeowners and buyers won’t be moving for at least the next three weeks. So, while you stay home and stay safe, what can you realistically do for the next few weeks to ensure you’re ready to move when the lockdown is lifted?

Getting yourself ready to move…

Get house hunting from home

The major property portals say that people have kept their homes on the market with only 1% fewer homes for sale on the portal today than there were on 7 March. So, take a well-earned break from home schooling and get house hunting instead. Like most estate agents, we are doing virtual viewings on-line.

Find out how much your property is worth?

If you’re selling, you can get a rough idea about how much it’s worth with our instant, online and free valuation tool. We are also offering a free virtual valuation package which includes a full and comprehensive marketing report and financial advice.

Sort out your finances

It’s not a great time for anyone to be making a big financial outlay at the moment but that doesn’t mean you shouldn’t look at your options. If you’re planning to move to a more expensive property or your mortgage deal is coming to an end, this is the perfect time to re-mortgage onto a better deal. Speak to a mortgage broker to see how much you can save, borrow in future and which lender will offer you the best deal. If you don’t have a mortgage broker, we’ll be happy to recommend one for you.

Get your paperwork in order

If you’re applying for a mortgage, you’ll need at least three months’ worth of bank statements and pay slips, your name on at least one utility bill at your current address and need to be on the Electoral Roll. Use the time to check your credit rating as well.

Prepare your home for sale

According to a 2019 Annual HomeOwners Survey, more than 68% of homeowners say kerb appeal was important in their choice of home. The most important factors were windows being in good condition, a well maintained roof and a tidy front garden and driveway/path. We can offer more advice and guidance on how to improve your home to attract buyers.

Get a legal firm lined up

You need to choose a conveyancing solicitor to handle the legal work involved in buying and selling a property. If you’re not sure who to use, we’d be happy to recommend a local solicitor for you who can give you an overview for how much the costs will be. We can also provide you with a list of questions to ask them.

Get removals quotes

If you have a house move on hold, then you might be surprised to learn you can still get removals quotes as many firms are doing virtual valuations. Using Facetime or WhatsApp video, you can walk your removals firm around your home to enable them to give you a quote. We can recommend a removal company for you in your area.

Should I move house as soon as lockdown is lifted?

If you were part way through a move, then when the lockdown is eventually lifted, the first thing to do is get back in touch with your conveyancing solicitor and check everyone in your transaction is happy and able to proceed and pick it up from there.

If your home is already on the market but yet to sell, then it will be the case of finding a buyer in what will be yet more unique times for everyone. People’s confidence, if not their wallets, will have taken a hit but for some people the driving factors of death, divorce and debt will mean they have to find a property.

If you have any questions, we’re just a phone call or an e-mail away. You can contact us on:

01869338898 or deddington@mark-david.co.uk