Andrews receives 226 calls for viewings in first hour of market reopening
Within one hour of opening its telephone lines, Andrews Property Group reported receiving 226 calls requesting viewings and valuations.
This follows the loosening of some lockdown restrictions, allowing home moves, viewings and valuations to take place, within social distancing guidelines.
The calls received by Andrews spanned both sales and lettings.
David Westgate, group chief executive at Andrews Property Group, said: “The first hour on Wednesday offered hard evidence of the unprecedented pent-up demand in the property market right now.
“People’s lives have been on hold for the best part of two months and they are now rushing to get their moves back on track.
“There is a lot of talk that values will be hit hard in the months ahead and while that may apply to some areas where job losses are sadly high we believe the sales market overall will hold up well and that average prices will even be slightly up this time next year.
“The drastic steps the government has taken to support the economy, coupled with record low borrowing rates and the huge bottleneck of people keen to move, will act as a glass floor under prices.
“The ongoing supply deficit will also continue to support the market.
“What’s vital now is that all estate agents adhere strictly to the social distancing rules and employ the highest safety standards to protect people viewing property, including through the use of PPE equipment where appropriate.
“Where possible, initial viewings should be virtual for the benefit of everyone involved.”