Call our team on:

(01792) 468684

Conveyancing and Coronavirus – The Implications

During these difficult times, many parents will be worried about the impact that the Coronavirus is having on existing child arrangement orders and future hearings.

They say moving home is one of the most stressful times in your life, but how about moving home in the midst of the Coronavirus pandemic?

A question from many at the moment is – what is the impact of the coronavirus on my residential conveyancing transaction?

The Law Society recently shared what they determined to be some new and perhaps unique issues that buyers and sellers may encounter, including:

  • requests for properties to be decontaminated
  • refusal to vacate properties upon completion because of the new government restrictions
  • the chance of potential failure or disruption to parts of the banking system (such as CHAPS)
  • delays in local searches as a result of local authority staff absences

We understand that this is a difficult time so please do contact us to get the right information regarding your transactions. Our team is here to reassure you.

The government has advised there is no need for those buying a home to pull out of transactions, but that ‘prioritising the health of individuals and the public must be the priority’. Therefore:

  • Home buyers and renters should, where possible, delay moving to a new house while measures are in place to fight coronavirus (COVID-19).
  • If you have already exchanged contracts and the property is currently occupied then all parties should work together to agree a delay or another way to resolve this matter.
  • If moving is unavoidable for contractual reasons and the parties are unable to reach an agreement to delay, people must follow advice on staying away from others to minimise the spread of the virus.
  • In line with Government’s advice, anyone with symptoms, self-isolating or shielding from the virus, should follow medical advice which will mean not moving house for the time being, if at all possible. All parties should prioritise agreeing amicable arrangements to change move dates for individuals in this group, or where someone in a chain is in this group.

For further guidance and advice, contact PGM Director, Paula Murphy on 07921 394927.

Related Articles

If you live with a partner but you’re not legally married. Here are four things you might like to consider to ensure you are protected.
If you’ve been thinking about buying a leasehold property but have been put off because of the ground rent charges, you no longer need to let that stop you from going ahead with your purchase. From 30th June, ground rent cannot be charged on new residential leases.
Here at PGM we have an expert conveyancing team so you can rest assured that your transaction will be in safe hands. We understand that what you want is simply to be in your new home, and it is our job to make that happen as swiftly and as smoothly as possible.