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How buying a property during COVID-19 works

COVID-19 has produced many uncertainties for people around the globe. Rishi Sunak’s decision to exempt stamp duty for a period of time has meant that the property market has been booming. This has produced some questions as to how buying a property during COVID-19 works, and we’re here to help. This handy article will explain all the subtle changes to the buying process.

Starting your search

Your search can begin as it would at any other time. Visit one of our offices to discuss your needs with one of our friendly agents. Outline your precise requirements and our agent will be in contact to arrange some viewings. If you’d prefer to keep away from our offices then don’t hesitate to pick up the phone to describe your new property needs. From here our agent can be in touch to set up viewings in one of two ways outlined below.

Viewing a property

There are two ways viewing a property can work during COVID-19. These are physically and virtually. A physical viewing is a traditional viewing whereby you can attend the property to assess it yourself. In this case you will be asked to socially distance and wear a mask at all times. Alternatively, you may choose to arrange a virtual viewing, which will be conducted via a video call. An agent will be in touch to arrange the call and organise a time. From here, the agent will walk around the property with a smartphone allowing you to see as much as possible as they show you around the property. As it is a call you will be able to ask your own questions regarding any aspect of the property.

Making an offer

Once you’ve identified your dream home and are ready to put an offer in then you can proceed as usual. If accepted, the process of completing the sale can begin. This process can take a little longer due to current circumstances, however your agent will work with both parties on an agreeable timeline.

It’s as easy as that! Now you know how buying a property during COVID-19 works, and it couldn’t be easier with Chamberlains. If you’d like to start the process then feel free to pick up the phone or visit our office in Teignmouth today!

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Buying a property during COVID-19

COVID-19 has been an unpredictable time for billions across the globe. However, despite the uncertainty the property market has thrived. This is in no part down to the stamp duty exemption in the UK. The exemption has made it an ideal time for buyers to start looking and begin their search. However, we have been asked how buying a property during COVID-19 works many times. This article will explain all the details and how they differ from the usual procedure.

Beginning the search

The search for a house can begin like any other. Simply walk into one of our shops and talk to one of our friendly agents. Set out your budget and tell us what sort of property you’re looking for. After this we will get in touch to begin arranging viewings. If you’d prefer, we can begin your search over the phone. Don’t hesitate to call us to set out your requirements and we can proceed as normal from there.

Viewing a property

Viewing a property can work in one of two ways. You can choose to view the property as usual, visiting the house yourself in person. If this is your choice we would ask that you socially distance from the negotiator and any residents as well as wear a face mask at all times. Secondly, if it makes you feel safer, you may choose to have a virtual viewing. Our negotiator will ask for some details in order to video call you at an agreed time. The negotiator will then walk around the property with a video camera taking care to show you every detail you want to see. This method is certainly less thorough but is much safer for the negotiator, residents and yourself. The decision is yours!

Making an offer

If you’ve found your dream home and are happy to make an offer then you may proceed as usual. Should it be accepted then the process can begin. Please be aware that due to current circumstances these processes may take longer than usual. Your agent will work with you and the seller to build a timeline that suits everyone.

That’s it! Congratulations on your new home! Buying a property during COVID-19 may be different, but it couldn’t be easier with Chamberlains. If you’d like to get the ball rolling please come to our Newton Abbott office to discuss your next move.