Moving into 2023, housing market sentiment has improved from the immediate fallout from the Liz Truss Growth Plan. Nonetheless, we continue to see a weakening economy and rising interest rates.
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Dataloft Inform
Your website should be your hub, everything you do should be going through your website because that’s where your brand is. The portals are not doing that for you.
In the Dataloft Sessions, our first discussion, Using property market data to win more listings, is split into three insightful videos. We talked to four market leading agents and two industry experts, Iain White and Chris Watkin, about what you can do now to build an umbrella around your business and stay ahead of the competition throughout next year.
As we swing from a property market bounce back post-Brexit to another period of potential uncertainty, it’s a crucial time to ensure your website, and all other channels of customer communication are working for you.
“the subtle business of predictions turns on identifying themes that will fuel confidence and influence behaviour in the year ahead - and the realisation that unforeseen events (Australian fires, Iranian airline, Brexit negotiations) can interrupt the best-laid plans.”
Dataloft MD, Sandra Jones, gave her forecast for 2020 to Property Solvers.
In the olden days of maybe 10 or 15 years ago, it could be argued that the only thing estate agents needed to demonstrate their knowledge of the market was a customer sitting in front of them. They could talk the talk in the reasonably certain knowledge that they had all the latest market information and the customer, well, didn’t.
“2019 may be the year in which Brexit gets decided one way or another, when work on Crossrail is completed and Kit Malthouse celebrates a full year as Minister for Housing.
Dataloft MD, Sandra Jones, gave her forecast for 2019 to Property Solvers.
A quick analysis shows that, of all the Local Authorities or Unitary Authorities where transaction levels have increased this year (January to July 2018 vs January to July 2017), on average, 49% of properties have access to Ultra-fast broadband with an average download speed of 46.4 mbps.
At the beginning of the year, Fine & Country published a list of the 10 most beautiful places to live and we assessed whether there was a cost attached to buying a home in these places.
At Dataloft we like to get to the heart of the matter and understand the true story behind the numbers. What is rental affordability like in different areas? How old are tenants? Which profession do they work? How far do tenants typically move when they change address?
Let’s start with our own view: Dataloft expects that UK house prices will rise in 2018 but only by a narrow margin
There are so many ways to alter a property. The same short description ‘three bed terrace’ or ‘four bed semi’ might gloss over a kitchen extension, an en-suite carved out of a master bedroom or a knock-through kitchen diner. All of which makes analysing average prices on a truly like-for-like basis, increasingly difficult. A one bedroom penthouse apartment and a small one bedroom flat are both defined as ‘flat’ in Land Registry data.
On the 1st of November 2017, the Bank of England voted to raise interest rates for the first time in more than ten years. After such a long period without any increase, this news inevitably grabbed the headlines but the new rate of 0.5% still remains the second lowest on record.
How technology is shaping city planning
Road, Street, Close or Square – which is the most popular and does it affect price.
A combination of policy changes and a weaker sales market may have created the right conditions for institutional investment to finally flourish in the UK.
As the new school year gets underway, it seems timely to revisit the well-oiled notion that schools are an instrumental driver of local house prices.
In the same week as the terrible fire in Grenfell Tower, a report slipped quietly out from the Mayor’s office on the role of overseas investors in the London new build residential market[1]. The research was undertaken by the LSE, on behalf of the Mayor, to address an issue that has nagged at the London residential market for years. Given the timing of the publication, most journalists shied away from writing about it and some of those who did, chose to take a swipe at the paucity of hard data rather than to reflect on the key messages.
The UK is experiencing a ‘housing crisis’ the political parties say, with all promising to deliver an additional million homes by the end of 2022. But what homes are needed and for whom?
The long run average over the last 50 years has been around 190,000 per annum, with the highest numbers being achieved at the start of this period and the lowest in the immediate aftermath of the global financial crisis of 2007/08. Over the last few years government initiatives, including the Starter Homes Fund, Housing Zones and Get Britain Building to name a few, have been launched to help stimulate the house building industry. This plus a recovery in the housing market has resulted in a pick-up of supply taking both starts and completions in line with each other at about 150,000 in 2015/16.