Later Exchanges in 2016

Later Exchanges in 2016

One of the biggest problems faced by removers is late access to unload. This can be for a few reasons, but is usually because of transfer of funds and ownership of the properties involved.

As from next summer, this is likely to get worse.

The changes to CHAPS/CREST settlement day are likely to make many transfers happen a lot later than they should.

There was a popular saying in the 1980s – “Work done is proportional to the time allocated to it.” This is often seen to be the case.

If a conveyancer is given an extra 1 hour 40 minutes to do a job, it’s likely to take 1 hour 40 minutes longer.

This will mean that instead of exchanges happening just before 4:20pm, they are more likely to happen moments before 6:00pm. The implications for our industry are huge, as described in a blog post by Matt of M & G Transport, (here).

The original news release by the Bank of England can be found here…

Over the next few weeks, AIM will be looking at what changes our industry can make to our current business practices, in order to accommodate the changes to CHAPS/CREST.

We welcome your suggestions and attendance at the next Steering Group Meeting.

 

AIM Assessments

It’s been a busy week for AIM’s Assessors, so more new members will be announced next week, once the process is completed.

The AIM Assessment is a vital part of membership as it allows us to assess how we can best help the applicant. It is more than a tick-box exercise as no two removals businesses are identical.

In many cases, the remover gains from their AIM Membership, even before the Membership is finalized, through advice, tips, document templates and useful contacts.

Call Scott on 0208 892 0369 to arrange an assessment and start the ball rolling.

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Address:

The Association Of Independent Movers
Unit 4, Skills Centre,
Twickenham Trading Estate,
Rugby Road,
Twickenham,
TW1 1DG
Phone:0208 892 0369

Newsletter

COVID-19 Statement

Although there is no rule to prevent them from doing so, not all removals businesses are working during the Coronavirus measures advised by the Government.

Those that are working have been provided with clear guidelines by the Government and supported by AIM, with safe working procedures, specific documents and frequent information updates.

Removals firms

Removal firms are able to operate and should follow the latest government guidance on safer working. Where moves are carried out, social distancing should be followed.
Companies should ensure employees understand how to operate safely and communicate this to customers.

  • Removers should contact the household in advance to check that no member of the household is showing symptoms of coronavirus or self-isolating. If they are, works should be delayed.
  • They should also encourage households to ensure all internal doors are open and surfaces and possessions have been cleaned with household cleaning products prior to them entering the property.
  • No work should be carried out by a person who has coronavirus symptoms, however mild.
  • Removers should wash their hands on entering the property using separate towels of paper towels which need to be washed or disposed of safely after use.
  • Removers should seek to minimise contact with homeowners and remain 2 metres apart from householders at all times.
  • Removers should implement a buddy system and ensure that the same people work together when moving bulky items and furniture.
  • Removers should bring their own refreshments but you should ensure they have access to hand washing facilities, using separate towels or paper towels if possible,
    which should be washed or disposed of safely afterwards.

https://www.gov.uk/guidance/government-advice-on-home-moving-during-the-coronavirus-covid-19-outbreak