{"id":21716,"date":"2018-10-24T08:39:23","date_gmt":"2018-10-24T07:39:23","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=21716"},"modified":"2018-10-24T08:39:23","modified_gmt":"2018-10-24T07:39:23","slug":"changes-seen-in-the-uk-property-market-over-last-five-years","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/zh-hk\/2018\/10\/24\/changes-seen-in-the-uk-property-market-over-last-five-years\/","title":{"rendered":"Changes seen in the UK property market over last five years"},"content":{"rendered":"

A recent report highlights the changes in the UK property market over the last five years,<\/b>\u00a0includ<\/b>ing<\/b>\u00a0a rise in\u00a0<\/b>renting<\/b>\u00a0and\u00a0<\/b>a greater<\/b>\u00a0prefe<\/b>rence<\/b>\u00a0<\/b>for<\/b>\u00a0city\u00a0centre<\/b>\u00a0living<\/b>.<\/b>\u00a0<\/span><\/p>\n

In\u00a0<\/i>Housing Futures<\/i>, a report from the UK\u00a0property partnership\u00a0Strutt & Parker,\u00a0the company\u00a0compared\u00a0their surveys from 2013 and 2017\u00a0and\u00a0looks at\u00a0the future of the housing market.\u00a0The 2017 survey was conducted from 11 October to 29 December 2017 and featured nearly 1,800 respondents, including Strutt & Parker\u2019s registered buyers, sellers, tenants,\u00a0and lettings\u00a0applicants.\u00a0\u00a0<\/span><\/p>\n

Rental sector & city\u00a0centre\u00a0living<\/b>\u00a0<\/span><\/p>\n

One of the key findings of the research\u00a0is\u00a0that\u00a0renting increased as a future tenure from 10% in 2013 to 13% in 2017. This indicates\u00a0the growing popularity of renting over homebuying. Recent data even shows there has been a 10% fall in young adults\u00a0owning property<\/a>\u00a0over the last 10 years.\u00a0Instead, more are choosing to rent, which further highlights the importance of the rental sector.\u00a0\u00a0<\/span><\/p>\n

On top of that,\u00a0the data\u00a0showcases\u00a0that living in big cities is preferred by more people. In 2013, 9% preferred big city living, and by 2017, that increased to 15%.\u00a0City centre living<\/a>\u00a0is actually more popular than ever. Some of England\u2019s largest cities have more than doubled over the last 15 years, especially\u00a0in\u00a0the\u00a0north\u2019s\u00a0fastest growing cities<\/a>\u00a0like\u00a0Manchester, Birmingham, and Liverpool.\u00a0<\/span><\/p>\n

Reasons for moving<\/b>\u00a0<\/span><\/p>\n

Strutt & Parker\u2019s\u00a0Housing Futures\u00a0<\/i>also\u00a0looked\u00a0into the most popular reasons for moving in the UK.\u00a0A\u00a0majority\u00a0of people\u00a0are searching\u00a0for\u00a0a more relaxed and accessible lifestyle. Privacy, access to local shops and amenities, digital connectivity, and public transportation\u00a0are some of the top reasons people move.\u00a0This shows Britons have a growing desire for connection, community, and\u00a0convenience<\/a>.\u00a0<\/span><\/p>\n

Switching to\u00a0a location within walking distance\u00a0of\u00a0work\u00a0is increasingly driving\u00a0people\u00a0to move,\u00a0up from 25% in 2013 to 36% in 2017. Access to public transportation was mentioned by significantly more respondents over the past five years, having increased from 37% to 48%.\u00a0Not only is fast and reliable broadband a vital amenity\u00a0for the majority of Britons, being closely connected to family and friends has become increasingly more important.\u00a0<\/span><\/p>\n

As property market trends change\u00a0and what people find important transforms over time, it\u2019s\u00a0vital\u00a0that alterations are made to how properties are planned, designed, and built to fit what homebuyers, renters, and investors\u00a0are looking for.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

A recent report highlights the changes in the UK property market over the last five years,\u00a0including\u00a0a rise in\u00a0renting\u00a0and\u00a0a greater\u00a0preference\u00a0for\u00a0city\u00a0centre\u00a0living.\u00a0 In\u00a0Housing Futures, a report from the UK\u00a0property partnership\u00a0Strutt & Parker,\u00a0the company\u00a0compared\u00a0their surveys from 2013 and 2017\u00a0and\u00a0looks at\u00a0the future of the housing market.\u00a0The 2017 survey was conducted from 11 October to 29 December 2017 and featured nearly… Read more »<\/a><\/p>\n","protected":false},"author":1982,"featured_media":21717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[255,46],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/posts\/21716"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/users\/1982"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/comments?post=21716"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/posts\/21716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/media\/21717"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/media?parent=21716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/categories?post=21716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/zh-hk\/wp-json\/wp\/v2\/tags?post=21716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}