Property Trends In The UK For 2022
New trends in property investing can take years to arise and mature in a world beyond the pandemic…
And it’s not always clear if new trends are temporary or are here to last:
▶️ ENERGY EFFICIENCY — The tightening of EPC criteria has already resulted in a move toward more energy-efficient rental homes. More changes are inevitable, and some landlords will face higher costs as a result.
▶️ WORKING FROM HOME — already a trend, Covid has normalized working from home (part-time or full-time). Floorplans, wear and tear, connectivity, and other factors will all be affected.
▶️ OUTSIDE SPACE — Outside space and access to open places are likely to appeal to many prospective tenants, even if there is no rise in home working.
▶️ CHANGING DEMAND — In the next 18 months, 22% of UK households desire to relocate. Many of these people are tenants, therefore they’ll have to be catered for, as their requirements change.
▶️ REGULATION — A slew of new laws are about to take effect, and investors must comply. Everything from leasehold changes to tenant and building safety is covered. Make sure you’re prepared for what’s to come…
Source: Zoopla
