Latest News

Agents’ views sought on property listings

20 April 2021

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has today, 20 April, launched a consultation to gather information to develop guidance as to what should be considered material information on property listings and portals. Read More...

Record breaking activity in regional markets across the UK

19 April 2021

Market activity continues to grow and the appetite from prospective buyers is such that many properties are not being listed on the property portals, as agents focus on fulfilling Consumer Protection Regulations, completing Property Information Questionnaires, and marketing properties to those proceedable buyers, already registered with the agency. Read More...

New 95 per cent mortgage scheme launched

19 April 2021

The UK Government has today, 19 April, opened a Mortgage Guarantee Scheme to help first-time buyers and current owners with 5 per cent deposits buy a house up to £600,000. Read More...

COVID-19 restrictions relaxed and financial support announced

Thursday 01 April 2021

From today, 1 April, restrictions across Northern Ireland have eased further as part of the Executive's roadmap out of lockdown and the Coronavirus Financial Assistance (Business Support) Scheme 2021 was launched on 31 March by the Department of Finance.

Lockdown rules

The Regulations now permit up to six people (including children) from two households to meet outdoors or in a garden. Two households can also undertake outdoor sporting activities – this allows sport, such as golf and tennis, to resume in small groups of individuals from two households. However, clubhouses and sports facilities including changing rooms, showers, kitchens, and meeting rooms must remain closed apart from essential toilet facilities. Garden centres and plant nurseries can now operate a contactless click and collect service.

View the Regulations 

Impact on the sector

Restrictions for the property sector are unchanged with high street agencies remaining closed to the public. Strictly following the safety guidance is still paramount. The Northern Ireland Executive strongly advises that virtual viewings are used wherever possible, but viewings of properties can take place, however, household mixing must be avoided during viewing.

Associated activities, for example, removals processes, property preparation, handover of keys, surveys, and valuations can also take place in line with guidance on working in other people’s homes.

Moving home guidance 

Further financial support

The Coronavirus Financial Assistance (Business Support) Scheme 2021 was launched by the Department of Finance on 31 March. The further financial support is for businesses who have financially suffered through the Coronavirus pandemic and were not eligible for any of the financial support previously available.

If financial support was previously obtained whereby payment of not less than £10,000 was received under any of the following Schemes, a business will not be eligible:

  1. Localised Restrictions Support Scheme
  2. Coronavirus Restrictions Business Support

Once it becomes operational, details of the Scheme will be found on the Department of Finance website.