Dear Our Vendors,
May we start by saying thank you. Thank you to all of the vendors who have taken the time to contact us and to discuss as best we can, the plans for the future.
If your property has sold – We will be working with you and your buyer to ensure key communication is kept through this period. We are having briefings with all solicitors as to their official guidance on exchanges & completions and so far it seems to be that the advice is for simultaneous exchanges and completions. This does increase the risk, but the idea is that it doesn’t create a situation where someone effectively fails to complete on their sale or purchase when the situation is out of their control and become legally responsible for mounting costs.
For those of you who have exchanged – the main issue has been caused by some removal companies cancelling bookings. Please ensure you contact your removal company at the earliest point you can to confirm they are still going ahead as planned. Solicitors and Banks remain able to complete at this time.
If your property is for sale – Strangely enough, our research from speaking to applicants, and the number of enquiries and new registrations we are receiving are showing that the market doesn’t appear to be slowing, and if anything this time of isolation may increase the demand to move. Having spoken to a number of homeowners they begin to realise that they need to upsize since working from home with two kids all day means they are aware they need more space. Or downsizing because they realise they have worked too hard and for too long to worry about income anymore.
But even if your buyer doesn’t fall in to either category, most people are expecting to see their time spent on apps like Rightmove, Facebook Market Place and local business websites increase as they face this period of isolation.
We continue to be available by phone and by email Monday to Saturday.
Our best advice during this period is that if your enquiry is urgent to please email team@orchards.co.uk to ensure an available member of the team receives it.
Please continue to call our normal landline number of 01525 40 22 66.
Kindest Regards
The Whole Team at Orchards