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Northern Ireland market to reopen but will Wales and Scotland follow?

The rest of the UK’s housing markets are now set to open this month after Northern Ireland’s First Minister Arlene Foster announced that home moving could restart on Monday 15 June, making it the second country to open after England.

In a statement, she said that: “The real estate industry has the highest multiplier effect in the economy and I’m therefore pleased to announce that our Coronavirus Regulations will be amended to permit house moves for the sale of homes from Monday 15 June. This will incorporate the full end-to-end process from viewing to securing a mortgage and the house move itself. Guidance has been provided on all aspects of the house moving process and the Department for Communities plan to engage further with stakeholders.”

Northern Ireland’s decision to reopen now puts pressure on Wales and Scotland to follow suit. England re-started four weeks ago and the next opportunity Wales and Scotland have to re-open their property markets will be on 18 June when both their First Ministers are scheduled to make their latest Covid-19 update announcements.

 

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