Buying unseen is arguably the most dramatic Covid-driven property trend we’ve seen. Once the preserve of overseas investment buyers, buying a property without viewing in person has become a domestic practice, and is happening in many of the country’s hotspots.
It’s driven by the huge demand for rural properties that in many parts of the country, notably the South West and the Cotswolds, dramatically exceeds supply. Property is selling as fast as it comes onto the market and, in many cases, before it makes a public appearance. Factoring in a visit to a property slows the process down so much, and is so often in vain as properties are sold before a buyer gets onto the M5. Rental property is in equally short supply. Determined buyers have taken the view that the only way they will make a successful purchase is to conduct a desk-bound buying exercise.