Covid-19 has caused a huge amount of upheaval in the living of everyday life. With lockdown coming into force, one of the most important features of the country’s response to Covid-19 is that people should stay inside their home as much as possible. So if the idea is people shouldn’t leave their home – you might think that would shelve any potential plans you have for buying.
However, this doesn’t necessarily have to be the case. Of course, it is essential that everyone should conform to the requirements of lockdown, but also life has to go on. Some people do not have the option of staying where they are, and as we will see, in certain aspects now could actually be a great time to buy a property, even if you may not wish to complete or move in until the end of lockdown.
Here we take a look at exactly what we already know about what the conditions of lockdown mean for buying property, and examine whether the Covid-19 crisis might actually still be a great time to be house hunting.