Top five property trends in 2021

With the UK economy finally in the midst of a resurgence following months of lockdown measures, this is going to impact the property market. After an unstable and unpredictable 2020, there is a growing demand for both residential and commercial properties, as well as a shift toward land development.

Trends may also vary by area as a result of the difference in government investment between various regions. Foreign investors are also likely to have a huge effect on certain sectors of the property market too.

With so many emerging new trends shaping the property market in 2021, which trends are going to be definitive?

1. Regional differences emerging in housebuilding

One of the dominant trends will be a stark difference between the booms and busts in the property market dependent on region. There will be some pockets of the UK that are likely to pull ahead of others in terms of new development, a surge in demand for property and renewed enthusiasm for development.

In particular, the northwest and midlands have been forecast to really pull ahead of the rest of the UK, thanks to extra government investment in these areas. The government's intentions seem to have been to create more equilibrium across the UK property market, with the south and southeast having always outperformed other regions in the past.

In 2021, there is set to be a strong reversal in previous trends, with the midlands and north finally showing the strongest growth. This is likely to result in stasis or reduction in the cost of homes and commercial properties in southern areas and a boom in the north.

Alongside the north and midlands experiencing increased growth in existing properties, there may also be more housebuilding projects in these areas to meet increases in demand.

2. Larger commercial facilities

There is likely to be more commercial property development in 2021 to meet the increased demand for larger commercial premises. In a post-pandemic world, social distancing has become the buzzword on everyone's lips and everyone's minds when they visit retail stores or hospitality premises.

With all this in mind, many businesses will start to engage in the redevelopment of existing premises in order to make the space larger or start to commission the building of new properties in order to meet the demand from customers.

More sprawling retail development parks outside of cities are likely to replace smaller inner-city shops. For commercial developers, this will increase work and revenue, leading to a boom in this sector of the industry.

3. More property development for the buy-to-let market

Although predictions about house prices vary from one organisation to the next, there are several banks, such as Halifax, that are predicting an overall downturn.

This fall in house prices is projected to lead to an increase in buyers from the buy-to-let market. It is going to be particularly attractive to buyers from abroad, as they will be enticed by the prospect of seeing a sizeable return on their investment when prices start to boom again.

4. Transition from urban life to rural retreats

Coronavirus has had an impact on every part of life and its impact on the property sector is tangible. One of the clear indications following the pandemic is that it has encouraged a stark move from away city living to country life.

This renewed passion in the UK for country houses is likely to trigger increased land development and lead to more housebuilding in rural areas. Previously uniformly green belts will potentially become more dominated by new houses as families and older people retreat away from the cities, preferring the space and clean air offered by country living.

Land development in these areas is likely to be profitable for any current landowners that are eager to sell their undeveloped land to meet the increased demand for rural spaces on which to build. These lucrative endeavours could spark growth in the UK economy, which is good news after it was hit so hard by COVID-19 in 2020.

5. More sustainable property development

With global warming being a worldwide talking point in 2021, one of the main focuses of property development in both the commercial and residential sectors is likely to be increasing sustainability. Developers, architects and contractors are going to focus on reducing the carbon footprint of new builds.

There is also likely to be more demand for properties with modifications that reduce the carbon footprint of homes or businesses. Rental properties across all sectors are going to be able to reap a significantly higher premium when they have better sustainability credentials, compared to similar properties that are not eco-friendly.

If you have land that is suitable for development and you are looking to sell, contact us today for a free, no-obligation quote.

Top ten property development podcasts for 2021

Podcasts are an excellent way of easily and quickly learning vital information. As they are on-demand, podcasts are extremely flexible to listen to and you can simply put on a pair of headphones and listen during your work commute, during your time jogging or working out or even when you are in bed.

If you have an interest in residential or commercial property development or house-building, then listening to expert podcasts can help you to cultivate your knowledge and skills, giving you the latest tips for new market trends and enhancing your existing abilities. Here is a rundown of the top ten property development podcasts available in 2021.

1. Property Hub Podcast

One of the most established podcasts available, the Property Hub podcast has been running for six years and is still extremely interactive and popular with developers.

Offering various features, such as the ability to ask property development questions, it is available by subscription via a range of services, including Google Podcasts.

2. The Property Voice

The Property Voice covers a wide array of topics from private financing to making solid investments. It provides a great balance between providing serious business information and lightening the mood with some fun conversations. With interesting and easy to listen to soundbites regularly included, The Property Voice will meet all your needs.

You can subscribe to the podcast through Apple Podcasts

3. Inside Property Investing

Jam-packed full of essential advice, Inside Property Investing is a must-listen for anyone who is considering property development as well as established developers. With useful hints and tips on how to overcome various obstacles as well as advice on how to be successful as a property developer, it delivers exceptional benefits to listeners.

You can subscribe to Mike & Victoria's podcast on iTunes.

4. Property Geek

The Property Geek podcast is an extremely business-focused property podcast that is excellent for anyone who wants to learn more about the technical and financial sectors of the industry. It can help you to widen your breadth of knowledge and enhance your current skills to be more well-rounded and knowledgeable in all areas.

You can subscribe for free or via a paid service and get each episode sent directly to your phone.

5. The Return: Property and Investment

The Return: Property and Investment Podcast focuses on the changes that are ongoing in the UK property investment market. With regular guest interviews that offer helpful insights into how to identify the most profitable opportunities and how to avoid making some of the most common investment mistakes, it is becoming an increasingly popular podcast.

You can listen to episodes on Apple Podcasts.

6. Progressive Property

Progressive Property Podcast is specifically aimed at all kinds of property investors. Taking into account the needs of everyone from amateurs to professional experts, the podcast provides wide-ranging and varied advice and discussions. It gives in-depth insights into industry trends, helping you to be more successful.

You can listen via a range of platforms, including Spotify.

7. This Week in Property

The podcast from This Week in Property bills itself as being filled with hard-hitting discussion and includes expert advice on all kinds of issues, such as investment partnerships with friends and how to achieve maximum returns on your investments.

You can subscribe via the This Week in Property website and listen to the podcasts on iTunes.

8. The Business of Property

One of the newer podcasts around, The Business of Property gives insightful and meaningful tips on how to become a property entrepreneur from investors who have been successful in their own property endeavours. Helpfully, it offers episodes with some of the basics of property investment, such as how to get started, how to understand the various terms used in property investment and development and advice on how to successfully manage and organise your time.

You can download the current podcasts and the back catalogue from The Business of Property website directly to your device in MP3 format.

9. Property Jam

Property Jam podcasts are a mix of interesting and amusing interviews highlighting case studies of investment success, as well as lighthearted yet useful hints on making it within the property development world.

Episodes can be streamed on the Property Jam website.

10. Tej Talks

Intended to be a relatable and lighthearted podcast that discusses serious property issues, Tej Talks busts through the jargon to deliver informative advice to budding and entrepreneurial property developers. If you harbour aspirations of succeeding in the property world, this podcast can give you a reality-based insight into how you can make it.

Visit the Tej Talks website to subscribe and listen to the podcast.

So there you have it! A list of our top 10 most recommended property podcasts for you to listen to in 2021. We hope you find them to be both entertaining and informative at the same time. If you're currently in possession of any land that you'd like to sell on, please contact us and our friendly team will be happy to provide you with a free quote.