During this period of stringent government restrictions due to the Coronavirus, Dowlingdodd are prioritising the welfare of the staff and have implemented home working. This is allowing us to continue to work on existing instructions remotely, whilst using superfluous time to further our expertise with the RICS online resources as well as practising what we preach by maintaining our own homes.
The effect on the Cornish property market prices thus far have caused values to remain static and we anticipate during Q2 of this year we may see a slight lowering in prices due to diminished demand caused by uncertainty and the practical effects of Covid-19 on viewings, valuation and surveys. The trajectory of house prices as we move towards the middle of the year is likely to re-stabilise, if not begin to increase subject to substantial breakthroughs with regard to the Coronavirus, allowing pent-up demand to be released, causing in influx of buyers and sellers to the market.
Our ability to provide our normal service is severely restricted and we must all follow Government Advice and Guidance together with RICS Guidance to reduce the impact that this dreadful virus is having and protect each other. However, we are still here to help you where we can so please do get in touch.
We already have several instructions from clients for surveys to be carried out a soon as restrictions are lifted and have been able to provide “desktop” advice to a number of people.
Stay safe & well.