How will the Four-Week Lockdown affect the Housing Market in England?
As Prime Minister Boris Johnson announces a second national lockdown for England, through a Q & A on Twitter, Robert Jenrick clarified how this second Lockdown will impact the Housing Market.
Q: Can I still move house?
A: Yes – the housing market will remain open throughout this period. Everyone should continue to play their part in reducing the spread of the virus by following the current guidance.
Q: Are mortgage holidays ending?
A: No – the mortgage payment holidays will no longer end today and there will be further information published by the FCA on Monday.
Q: Should I still go to work on a construction site next week?
A: Yes – anyone who cannot work effectively from home should travel to work and follow the relevant guidance for their workplace. This is essential to keeping the country operating and supporting vital sectors.
Q: I previously shielded – will I need to do so again?
A: We will not ask people to shield in the same way again but if you are clinically extremely vulnerable you should minimise contact with others. We will publish full guidance the next few days.