Latest advice from Government – buyers urged not to move home during the Coronavirus pandemic

Speaking to the onthemarket.com today Simon Nosworthy, Head of Residential Conveyancing at Osbornes Law said: “If parties have exchanged contracts and are completing soon we are doing everything we can to listen to our clients and their requirements, but also ensuring that they understand the advice from the government and following this as best they can in the circumstances. We need to ensure that the ill and vulnerable are protected at this time.

“Anybody in a chain who hasn’t already exchanged contracts should forget about doing so for the foreseeable future as there are simply too many variables in play to make this possible right now. I am advising my team to only consider carrying out transactions where a simultaneous exchange and completion is possible and the property is vacant. Every transaction will need to be carefully assessed to ensure that it is safe to proceed.  This obviously massively reduces the number of transactions that we can undertake.”

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Simon Nosworthy Partner
Property Law

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