Opportunities in the property market - guest article by Mark Coulter from INHOUS property brokerage

by Aaron Strutt

Sep 01 2018

Mark is the Chief Operating Officer at independent property brokerage, INHOUS. 

With realistic achievable asking prices sliding by as much as 25% from the market highs of 2014, you might think that signals doom and gloom for most people.  For the majority of the market who bought pre 2013 however this is an opportunity and a positive outcome of a slowing market that has been checked by a number of factors including Brexit, tax changes, both on higher value properties, and the investment property sector. 

If someone is looking to step up, bridging the gap is less than it was previously and it is tipped to remain this way until 2021.  This means that those who have been put off by buying because of cost and fear that the market is overheated should be encouraged to re-enter the market as there are now genuine good deals to be had if you are prepared to be patient and be thorough about your property search and understanding your target market.

Potential investment purchasers should be encouraged also. Admittedly, taxes are greater than they were previously but this has forced many smaller investors to dispose of their investment assets.  With rental yields outstripping inflation by a significant margin and the demand for rental properties due to increase significantly, the smart investor might look at property again as a long-term answer i.e. for more than ten years.

Developers and institutional investors have also been encouraged to invest in longer-term residential assets.  PRS (Private Rental Sector) where developers build not to sell on but retain to let on a long-term basis is proving hugely popular.  Statistics suggest that 40% of London households could be private renters by 2030, such is the changing dynamic in the London property market.

INHOUS provides residential brokerage advice for high net worth individuals, offering a service based on offering anonymity, cost neutrality, specialist advice, aimed specifically and tailored for each client.  With this sector of the market so varied, it pays to get sound impartial advice from a broker who is acting for the client whether you’re buying, selling, renting, or putting together a mixed-asset portfolio.

INHOUS assist over 60% of their clients to relocate either within the UK or from KL, the Gulf States, the Far East, and Europe.  If genuine client-centric advice is required, INHOUS can assist.

Contact Mark at INHOUS on 020 8783 9522, 07704 512755 or use the get in touch form.