Property acquisitions during lockdown

Matthew Power • January 14, 2021

With another lockdown upon us and Covid-19 vaccinations being rolled out there is indeed a light at the end of the tunnel. Until then the Government advice is to "stay at home".


However the property market remains open for business and you are (for now) allowed to sell your property, viewings can take place and you can move home, although the Government guidance is that "people outside of your household or support bubble should not help with moving house unless absolutely necessary". So great news if you are in the process of selling & buying especially if you are hoping to move before the 31st March 2021 and take advantage of the Stamp Duty Holiday. For Spring Developments this means business as usual and we can and will continue to focus on property acquisitions.


For those of you keen to start the sale process during the latest lockdown and begin the process of marketing your property there are some tough decisions to make. Firstly is doesn't look like the Stamp Duty Holiday is going to be extended and given the slow pace of transactions over the past 6 months it is very unlikely that any buyer requiring a mortgage could realistically get a survey booked let alone complete a sale by the end of March. Additionally the Government say that 1 in 3 people who have the virus have no symptoms and therefore could spread the virus without knowing. Do you want these people in your property? Wouldn't you be better of waiting until things get back to normal? However the big question is, when will we get back to normal and more importantly what will the new normal look like? Covid-19 is having such a huge impact on everyone. Unemployment is at its highest level in years and expected to get worse, businesses in every sector are affected especially within hospitality. Schools closed, non essential shops & businesses closed again, office buildings sitting empty while employees work from home at the same time juggling home schooling. The list is endless and experts predict that the worse is yet to come with talk of a double dip recession, negative interest rates.


Could waiting to sell your property mean a better sale price or a lower sale price? Recessions are certainly not good for the property market. In the 2008 recession house prices fell by over 16% GDP shrank that year by 6.9% and unemployment was high. In 2020 GDP shrank by over 20% in the second quarter and it is expected that the annual fall will be around 9.5% so who knows what impact this could have on house prices in 2021!


Despite this uncertainty Spring Developments continue to acquire properties within London and the South East. If you are considering selling a property in 2021 and would like to discuss a sale in confidence please get in touch and lets start a conversation. We are experience buyers and often don't need to view inside a property to make an informed decision. In the event that we do need to view we will follow government social distancing guidelines and will be wearing wearing gloves and face masks.

Peckham SE15

By Matthew Power • October 10, 2025
Refurbishment of this 3 bedroom period home in Peckham SE15 is now complete and this stunning period property is now available for sale. The property had not been refurbished or properly maintained since the 1970's and has been given a new lease of life. Following a successful planning application to rebuild a dilapidated side bay window, alter some openings and make some cosmetic changes and upgrades our main contractors embarked on this thoughtfully planned refurbishment project. The property has been fully refurbished, featuring new double-glazed sash windows, a complete rewire and re-plumb and a new Worcester boiler with Hive smart control. Full fibre broadband connectivity has been installed. The ground floor has new damp-proofing, tanking and insulation throughout. The roof has been overhauled and a Velux window has been installed above the bathroom and a sun tunnel designed to compliment the vaulted ceilings at the rear of the house. On the ground floor, there is a bright and spacious lounge through diner with a bay window to the front. To the rear, the original dining room and kitchen have been combined into one generous space. The original dilapidated bay window has been replaced with a striking welded-glass feature box bay and with the additional bi-folding doors opening directly onto the landscaped garden natural light now floods into the property. The kitchen is a sleek, handleless design with marble quartz worktops and splash backs and has been fitted with Bosch integrated appliances. A new spacious ground-floor WC has been introduced to the property and under the stairs has been used to provide a utility room and additional practical storage. Upstairs, there are three good sized bedrooms and a family bathroom, which has been enlarged to include both a separate shower and a full-sized bath. Externally, the rear of the property has been finished with coloured silicone render, giving a crisp, modern appearance. The garden has been landscaped with new fencing, a patio area and a freshly laid lawn, along with outdoor lighting and a water tap. Every aspect of this property has been carefully considered and executed to a high standard, resulting in a truly turnkey home in one of Peckham's most desirable locations. 

Project update

By Matthew Power • September 23, 2024
We are pleased with progress at our site in the London Borough of Sutton where the substructure has now been completed and the detached bungalow is starting to take shape. This project has been constructed using SIPs, fabricated off site and assembled onsite over the past 4 weeks. This method of construction provides excellent over all thermal performance with low U values, reduced thermal bridging and excellent air tightness. In addition the property will have air source heat pumps, PV and a Bauder green roof all designed to make the property ultra energy efficient. We are currently working with our Kitchen and bathroom designers and have been working with our architects to improve some of the landscaping design. This detached 2 bedroom bungalow is expected to be completed in December 2024. If you are interested in purchasing this property and would like to find out more please do not hesitate to get in touch. info@spring-developments.com

New project starting in Sutton

By Matthew Power • June 19, 2024
Spring Developments are pleased to announce that our latest project started this week in the London Borough of Sutton. This development comprises a detached two bedroom bungalow with wrap around gardens and off street parking. The property is conveniently situated within walking distance of Sutton High Street and mainline station and we anticipate the property to be completed by the end of the year. For further information please do not hesitate to get in contact.
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