27 Apr '15, 11am

How the UK property market is changing

Comment E-mail to friend Bookmark & Share The housing market in the United Kingdom is changing, and in its Housing Futures survey, real estate firm Strutt & Parker identified five key shifts by gaining valuable insight into what they claim are “almost invisible” trends from 2,000 respondents. For overseas investors looking at buy-to-let options in Great Britain, this will prove to be valuable information. Living alone. This is becoming more common. Of the 43 percent of respondents who stated they were currently single and planning to move in the next five years, 75 percent anticipated staying in a single-person household. Long-term renters. Generation Y (identified as those born between 1978 and 1995) are living in private rental for longer. Of those aged 18-29, a total of 45 percent said that they would consider living in a professionally managed private rental unit. Impa...

Full article: http://www.propertyguru.com.sg/en/property-management-new...

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