What’s In This Guide?
2024 Property Market Roundup – With a new year comes new opportunities, and 2024 is set to see the property market begin to bounce back from a slow 2023 as the base rate stabilises and interest rates begin to ease.
Best Places to Invest in 2024 – Want to know where to invest? Discover the best places to invest in 2024 based on rental yields, future price growth and investment potential.
Return to Former Glory – The Rise of Restoration – As we become more economically conscious, see why property restoration is becoming a key trend to watch in 2024.
Where Do Tenants Want to Live in 2024? – Tenant demand can make or break a property portfolio, but what exactly are tenants looking for in a rental property?
The Future of the Property Market – From property price growth to a buoyant rental market, discover what’s in-store for the UK property market in 2022 and beyond.
Your Complete Guide to UK Property Investment
2023 was undoubtedly a challenging year for the UK property market. Prices began to stagnate as inflation increased and the Bank of England base rate hit 5.25%, the highest since February 2008. With mortgage rates last year getting higher, and rents soaring as a means of mitigating these rising costs paired with the overwhelming supply-demand imbalance, it’s safe to say that there was a lot of uncertainty in the market.
However, with a new year comes new opportunities, and 2024 is set to see the property market begin to bounce back from a slow 2023. Forecasts suggest that the base rate is scheduled to come down, inflation is already beginning to dip, and the pandemic backlog of properties in development is finally clearing, easing the imbalance between supply and demand across the nation and introducing a swathe of new opportunities into the market.