Industry Insights Guide – The State of the UK Property Market
Kremer Signs, the UK market leader in property signage, have produced their first Industry Insights Guide. Providing the latest updates on the status of the UK property market so far in 2016. The ‘news in brief’ analysis is aimed at agents and property professionals as a ‘one stop shop’ to review the latest property market developments.
Tom Cummuskey, Kremer Signs Sales & Marketing Manager says “we feel there is a gap in the market for impartial commentary of this nature and we are in a unique position to work with our suppliers and partners to provide this”.
Cummuskey continues by saying “it’s set to be a challenging and turbulent year with many internal and external factors impacting the industry, so we’ve pulled together the latest data and insights to help set agents on the right course for the year ahead”.
The report includes market information on:
- Property activity year to date (Courtesy of Kremer Signs supplier partners Agency Express)
- Listings
- Prices
- Supply
- The changing property marketplace
- The buy to let flux
- First time buyer outlook
- A disruptive new model – The rise of independent and online agents
- Financial outlook for purchases
- How long can we keep up this rate?
- To Brexit or not to Brexit?
- Buoyant gains from buy to let changes
- The London bubble
- The future rental market
- The rentier economy
- The rise of “PropTech”
- Top tips for agents branding and positioning in 2016
Within the guide there are references to recent opinion pieces on the financial outlook, including the potential “Brexit”, as well as the outlook for the rental market in view of the incoming government legislation for landlords.
The impending tax rate and stamp duty charges are due to raise £1Bn for the UK government by 2020. Is this figure realistic or will the market be flooded with properties after the changes are brought in? What do the changes mean in monetary terms for smaller scale investors?
There is also analysis on the rental market. PwC predicts that 25% of UK households will be renting privately by 2025. Are we now facing a rentier economy in parts of the UK, or are there ever increasing opportunities for first time buyers?
A further consideration is the geographic disparity of the property market at the moment and how property prices in the South East are so hugely disproportionate compared to the rest of the UK. Twinned with the huge reduction in housing supply, is the property market facing a watershed moment?
Find out by downloading the guide in full from the Kremer Signs website.
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