New ways the property market can normalise after lockdown
An estimated 373,000 property transactions with a total value of £82billion have been put on hold due to the lockdown, with questions now being asked about home viewings can get back up and running. This app in particular allows consumers to view a property through 3D tours and floorplans, connect with estate agents via live chat and has the ability to showcase any home, update property details and put it on the market in minutes.' He said this means viewings do not necessarily need to take place for valuations, although home viewings by purchasers are 'still essential to a sale'.
Chris Norris, policy director for the National Residential Landlords Association, said he believes valuations and viewings are going back to normal, adding: 'Valuations can be carried out observing social distancing. There is no reason for a landlord, vendor, or tenant to have to be present during a valuation.' He also claimed a viewing of a listing in the rental market could be done 'almost entirely remotely or in person without a landlord or householder present', adding that any negotiation could then be handled by phone or video call.
As for surveying, Simon Jackson, managing director at SDL Surveying, said: 'We're anticipating a staggered change to work practices post-lockdown with estate agents and surveyors being able to work in a more normalised way, however still respecting social distancing and working within certain guidelines in relation to their own health and that of the resident, the presentation of the property, the attendance of the resident, plus the PPE used. By doing this, we think we'll be able to start inspecting properties and conducting physical valuations.'