Q&A: how to navigate low levels of supply in the UK property market
In a period of high demand for UK property, Lucian Cook, Head of Residential Research for Savills and Camila Dell, Founder of Black Brick Property Solutions, share their outlook and advice for buyers looking to secure their next home.
Since the property market reopened after a period of lockdown between March and May 2020, the number of buyers looking for a new home has been greater than supply in many areas. According to Savills, Nine in ten buyers are reporting a lack of houses on the market, with no sign of diminishing demand.
In a recent Investec property market update, we were joined by Black Brick Property Solutions Founder Camilla Dell and Lucian Cook – Head of Residential Research for Savills – to explore what’s causing the supply shortage, as well as tips for those currently looking to move.
To find out how we can help you buy a property, get in touch today.
Investec Bank plc provides this media for information purposes only. No reliance can be placed on its content and Investec Bank plc does not accept any liability or responsibility directly or indirectly for any losses as a consequence of consuming this media.
The information and opinions expressed in this media have been compiled from sources believed to be reliable, but, neither Investec, nor any of its directors, officers, or employees accepts liability from any loss arising from the use hereof or makes any representations as to its accuracy and completeness. Any opinions, forecasts or estimates herein constitute a judgement as at the date of this report. There can be no assurance that future results or events will be consistent with any such opinions, forecasts or estimates.
The content does not constitute a formal recommendation or personal advice and no action should be taken, or not taken, on account of the information provided. Tax treatment depends on the individual circumstances of each client and may be subject to change in future. You should always seek independent professional advice before making any financial or investment decisions.
Investec residential and buy-to-let mortgages are only available for properties in England or Wales and are primarily available to UK residents and are subject to eligibility. Terms and conditions apply. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.