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Post Lockdown: The End of Furlough

Wage support set to end – Furlough Scheme

With the full 80% government furlough scheme coming to an end in just over a week, many Britons are undoubtedly worried about their employment status. Many companies have already declared bankruptcy or have cut down in their operations due to the global pandemic. High street retailers were already struggling before the pandemic – coronavirus is thus, the last nail on the coffin for many. Businesses are required to contribute 20% towards employee wages starting in August, even if they remain closed. This will effectively corner many businesses into either paying out wages or to cut employee numbers.

The atmosphere within the community is, undoubtedly, tense.

The R Rate

The R rate, which is the unit of measurement used by the government to determine the level of new infection rates, is hovering between 0.7 to 1.0 in the North West. This is slightly higher than the national average of 0.7 to 0.9. This is prompting fresh fears of another lockdown. The economy has yet to recover from the first lockdown – many believe a second lockdown will cripple the UK even further. Blackburn with Darwen and Pendle are now infection hotspots and could go into local lockdown if figures don’t improve.

What does this mean?

Economic uncertainty is growing day-by-day. With consumer confidence believed to drop with the economy, it is fair to say that property will be harder to sell as supply outstrips demand. If you have been pondering over whether to sell your property, it may be better to consider selling it now.

Why use Auction Agent?

With our exchanges guaranteed to complete anywhere from 1 to 28 days from the fall of the hammer, Auction Agent property auctioneers will ensure that your property would be sold as quickly as possible and without the worry of buyers dropping out. Our seller’s package includes marketing on leading online property portals (Rightmove, Zoopla, and PrimeLocation) and social media platforms (Facebook, Twitter, and LinkedIn).

Auction Agent property auction house in Haslingden has over 50 years of combined experience – we are ready to answer any of your questions regarding buying, selling, or just regarding property auctions in general. Auction Agent house auctioneers offer complete services for buyers, sellers and even probate property owners. Furthermore, Auction Agent gives all sellers peace of mind with our no-sale-no-fee approach.

You can be certain to sell your property fast in Burnley, Blackburn, Accrington, Rossendale, Nelson, Bacup, Rawtenstall, Blackpool, Clitheroe, Preston, Bury, Bolton and Lancashire with Auction Agent’s incredibly easy and convenient property auction selling process and buying process.

Take your first step to a stress-free property sale today by contacting us for a free property valuation. Be sure to sign up for our newsletter for the most up-to-date properties available from our property auction portfolio.

Do you have property near Turbary Woods Owl and Bird of Prey Sanctuary, Avenham and Miller Parks, Preston Guild Wheel, Brockholes Nature Reserve, Harris Museum and Art Gallery, Barton Brook Dairy, Cuerden Valley Park, Bowland Wild Boar Park, British Commercial Vehicle Museum, Beacon Fell Country Park, Preston Railway Station, Lancashire Infantry Museum, Ribchester Roman Museum, Preston Docks, St. Walburge’s Church, Deepdale Stadium, Claylands Park, Preston Guild Hall & Charter Theatre, The River Ribble, West Lancashire Railway, Preston Bus Station, Haslam Park, Fishergate Shopping Centre, Covered Market, Winckley Square Park, Beer Brothers Brewery, Miller Arcade, Giddy Kids, Stydd Gardens, Rufford Old Hall, The Walled Garden, The Barn, Leyland Market, Longton Brickcroft Nature Reserve, Withy Grove Park, Smithy Farm, Brindle Distillery, Hurst Grange Park, Moor Park, Preston Cenotaph, The Preston Martyrs Memoria, Lower Kem Mill, St. John’s Minster, Preston Minster, Preston Playhouse Theatre, Fishergate Bollard, Church Cottage Museum, St. Paul’s Warton, The Old Corn Mill Antiques Centre, St. George’s Shopping Centre, Preston City Trampoline Club, Ladyewell, St. John’s Shopping Centre, St. Mary’s Fernyhalgh, Barton Grange Garden Centre, The Flower Bowl Entertainment Centre, Monkey Magic, Brig N Barrel, Sweets & Treats, Cann Bridge Ale House, The Black Bull Inn, Northcote Cookery School, The Grapes, Stanley House Spa, The Bee Centre, Shores Hey Farm, Towneley Hall, The Singing Ringing Tree, Gawthorpe Hall, Turf Moor, St. Peter’s Church, Pendle Hill, Pendle Heritage Centre, Animal Quackers, Whalley Abbey, Liv Spa, Burnley Mechanics, Angel Inn, Reel Cinema, Rosehill House Hotel, Sparth House Hotel, Mercure Blackburn Dunkenhalgh Hotel & Spa, Astley Bank Hotel, Northcote Hotel, Woodland Spa, Helmshore Mills Textile Museum, Whitaker Museum, Grundy Art Gallery, The New Philly Family Bar, Escape Room Centre, Marton Mere Local Nature Reserve, Opera House & Winter Gardens, Dino Mini Golf, Ascent Trampoline Park, Blackpool Zoo, Fleetwood Market, Sandcastle Waterpark, Blackpool Pleasure Beach, Coral Island, Madame Tussauds Blackpool, Blackpool Tower, or Pine Lake Resort?

For a free property valuation on your empty commercial property in Bolton, Bury, Burnley, Blackburn, Accrington, Rossendale, Nelson, Bacup, Rawtenstall, Blackpool, Clitheroe, Preston, Lancashire or any other area in the BL0, BL1, BL2, BL3, BL4, BL5, BL6, BL7, BL8, BL9, BB1, BB2, BB3, BB4, BB5, BB6, BB7, BB8, BB9, BB10, BB11, BB12, BB18, BB94, PR0, PR1, PR2, PR3, PR4, PR5, PR6, PR7, PR8, PR9, PR11, PR25 or PR26 postcodes, contact Auction Agent today on 01706 940499, info@auctionagent.co.uk or visit www.auctionagent.co.uk.

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