UK Property Market Back to Business, But Uncertainties Remain
Uncertainty and Hope In the UK Property Market - Mixed Views from Experts
The 3-month lockdown and the pandemic has affected estate agents, and the property market in general. Property investors were watching the developments to potentially spot the future trends.
Uncertainties regarding the future of the UK property market remain. Tamas Borodi, director of PropertyMenu provided us with some useful overview on the current and future trends of the property market.
You can find proof that the market is back and prices are growing again (see latest Rightmove May market data and also that the market is expected to going down (see Saville's Residential Property forecast).
Uncertainty is holding back many players entering the market at the moment.
We see and feel that agents, sellers, investors are keen to go back to normal. However, we do not expect business as usual for a while.
What we see is that investors are actively looking for opportunities;
How to Make the Most Out of the Property Market's Current Conditions?
"The way we manage our risks and uncertainties at the moment, focusing on high return on investment property deals, which offer really good rental returns and a 'no brainer' alternative to keeping your money in the bank. Capital growth is there for long term, we are convinced that the market fundamentals are driving the prices up in mid-long term"
What Are You Doing to Help Investors In New Ways Post-Pandemic?
COVID has helped us to make some adjustment and positive change in our business, which we are really excited about.
Are you interested in more insights on investing in property after COVID-19? Download the free report PropertyMenu has prepared to help investors out.