The growth in the UK property market is due to several factors:
- The shift towards renting is increasing in large part due to a combination of mortgage restrictions and rising house prices resulting in buying becoming difficult for more and more people
- The government Help to Buy Scheme is having no significant effect because, without an increase in new housebuilding, the scheme itself is driving up house prices
- Recently published DOE figures estimate a need for an extra 6 million homes in the next 10 years. This is due to factors including a rising divorce rate, greater life expectancy, growth in single parent households, students leaving university, and continuing immigration, all increasing the demand for rented accommodation
- The supply of property will continue. Property ownership and investment is seen as a stable and profitable medium in our low interest rate climate, and new property owners are joining the industry every day
- When you consider that in France 70% of housing is rented, and in Germany the figure is 55%, you can see that there is much room for growth in the UK, where we are more and more adopting European ways
Future Growth is Assured
Long Term Opportunity
An opportunity with security
Supply of property, and continuous demand in the UK
