Our regular Bristol and UK property reports are written by economist Chris Worthington, who is a regular speaker at our PIMs. Property market booms In recent weeks the property press has been full of news about the booming housing market that refuses to slow down, despite the impact of COVID – 19 and the forecast of a severe … [Read more...] about Property Options UK Market Update – September 2020
Property Options Bristol Buy To Let Update – September 2020
Our regular Bristol and UK property reports are written by economist Chris Worthington, who is a regular speaker at our PIMs. Housing Demand A recent report from real estate and investment company CBRE identified twenty cities across the UK, including Bristol, with the highest future demand for housing in the private rented sector (PRS), … [Read more...] about Property Options Bristol Buy To Let Update – September 2020
Property Options UK Market Update – August 2020
This month the focus of the market overview is on the impact of the economic recession on house prices and rents. Forecasts of future house prices vary considerably. The Guardian recently reported an “end of lockdown“ bounce in house prices, but the same article reported that according to estate agents and surveyors this could quickly run out of … [Read more...] about Property Options UK Market Update – August 2020
Property Options Bristol Buy To Let Update – July 2020
At this stage in the coming economic downturn, it is too early to say with any certainty what the medium term impact will be on the Bristol housing and BTL market. This will become clearer over the next few months but in this edition we will focus primarily on the current situation without referring to forecasts that might prove to be … [Read more...] about Property Options Bristol Buy To Let Update – July 2020
Property Options UK Market Update – July 2020
In the wake of Covid–19 working from home has increased dramatically with around half of adults now working from home. This compares with just 5.1% of employees working primarily from home in 2019 (Source : Office for National Statistics). This seems set to continue. Barclays CEO Jes Staley commented “the notion of putting 7000 people in one office … [Read more...] about Property Options UK Market Update – July 2020
Property Options Bristol Buy To Let Update – June 2020
The Bristol Housing Market There seems to be little doubt that an economic recession will follow in the wake of the COVID – 19 crisis but at the time of writing the severity and duration of the recession is open to question. A clearer picture will emerge by the end of 2020 and given the strength of the Bristol economy, it is reasonable to … [Read more...] about Property Options Bristol Buy To Let Update – June 2020
Property Options UK Market Update – May 2020
Bristol Bristol continues to be the place to go for Londoners relocating from the capital to take up well paid jobs in Bristol’s vibrant economy. The other main attractions are a more relaxed lifestyle and the opportunity to buy a larger property because of significantly lower prices. According to a recent report in the Financial Times the … [Read more...] about Property Options UK Market Update – May 2020
Property Options UK Market Update 2 – April 2020
The Economic Context and Covid-19 The housing market and the buy to let (BTL) market are set in the context of the wider UK economy. The impact of the Covid - 19 crisis on the economy will therefore be the starting point for this month’s market overview, before moving on the housing market and the BTL market. Economists are united in the view … [Read more...] about Property Options UK Market Update 2 – April 2020
Property Options UK Market Update – April 2020
This month Property Options will not be publishing an update specifically on the Bristol buy to let (BTL) market. Instead there will be two market overviews in April covering in the impact of the Covid–19 crisis. This article is the first market overview, the second market overview will be published in mid - April. We will return to the Bristol … [Read more...] about Property Options UK Market Update – April 2020
Property Options Bristol Buy To Let Update – March 2020
Here is Property Options’ latest update on the Bristol Buy To Let (BTL) market – for March 2020. This update is by economist Chris Worthington, a regular speaker at our PIMs. Bristol economy A recent report from accountants EY found that Bristol is set to continue as one of the fastest growing regional cities in the UK. Bristol’s economy … [Read more...] about Property Options Bristol Buy To Let Update – March 2020