2022 UK Property Trends To Be Aware Of

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4/28/22, 2:24 PM

2022 UK Property Trends To Be Aware Of - Shafqat Dad| Real Estate & Construction

a 2022 UK Property Trends To Be Aware Of

The race for space that’s been raging in the UK property market for the past couple of years will continue to occur in 2022, according to experts. Many prospective buyers have chosen to leave major cities like London and are going to more coastal and rural areas, where they feel their money will go further. While the COVID-19 pandemic has certainly played a role, experts such as Tom Bill from Knight Frank believe that other factors are playing a role as well. Read on to learn more about these factors.

Leaving the Big City The rising house prices in London have already started to affect buyers, and this has only been fast-tracked due to COVID-19 related lockdowns and more flexible working conditions. According to property portal Rightmove, the number of people planning on leaving the city has also increased. In October 2019, around 40 per cent of the people who searched for properties on Rightmove were from cities. In October 2021, this figure has increased to over 50%. There https://shafqatdad.uk/2022-uk-property-trends-to-be-aware-of/

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