link to ringley website
  • Home
  • About Us
    About us & leadership Awards Savings for Clients Case Studies Green Management Strategies Market Overview Leasehold Reform Campaign Money Back Guarantee
  • Our Services
    • Asset Management
      • UK Asset Management
      • Project Monitoring
      • ESG Consultancy & Implementation
      • PropTech & Living Sectors Platform
      • Marketing Insights
      • Resident Journey
      • Stabilised Assets
      • UK Build to Rent
      • UK Later Living
      • UK Co-Living
      • UK Student Accommodation
      • UK Single Family Housing
    • Block Management
      • Overview - London
      • Overview - Wales & West
      • Overview - Southwest
      • Right to Manage
      • Freehold Management
      • Resident Management
      • Estates of Houses
      • Ground Rent Collection
      • How to change agent?
      • Block Management Services
      • Can't afford an agent?
      • Legal & Tribunals
      • Top 10 Tips
      • Report an incident
    • Commercial Management
    • Law
      • Overview
      • Meet The Team
      • Recommendations
      • Right to Manage
      • Lease Extensions
      • Freehold Purchase
      • Absentee Freeholder
      • Court Appointed Manager
      • Conveyancing - Wales
      • Conveyancing - England
      • Service Charge/Rent Arrears Recovery
      • Company Secretary
    • Property Valuations
      • Overview
      • Loan Security
      • Company Accounts
      • Lease Extensions
      • Freehold Purchase
      • Rent Reviews
      • Ground Rent Investment
      • Development Valuations
      • Expert Witness & Litigation
      • Tax, Trusts & Accounts Valuations
      • Trading Business
      • Compulsory Purchase
      • Residential Valuations
    • Engineering
      • Overview
      • EWS1 Consultancy
      • Asbestos
      • Contract Administration
      • Fire Assesment
      • Homebuyer Survey
      • Building Survey
      • Schedules
      • Party Wall Matters
      • Principle Designer
      • Disability Access Audits
      • Small Building Works
      • Fire Door Inspection
      • Insurance Valuations
    • Property Accounting
      • Finance
      • Quote For Service Charge Accounts?
      • Property Accounting Law
      • Accounting Updates
      • To Audit or Not?
    • Plant & Facilities Management
      • Plant & Facilities Management
      • Fire Door Inspection APP
      • Fire Safety Update
    • Site Staffing Solutions
      • Ringley Integrated Site Staff Solutions
    • Leasehold Guidance
      • Overview
      • Right to Manage
      • Purchasing The Freehold
      • Court Appointed Manager
      • Absentee Freeholder
  • Insights
    Asset Management Articles Block Management Blogs Publications BTR Rental Market Blogs Customer Insights FAQ - Ask Our Experts Insurance Calculator
  • ESG
  • E-books
  • Get In Touch
  •    
  • Work with us
  •  
  • Portal Login
Property market bounce-back - can it last?

Written by: Mary-Anne Bowring 03/09/2020
  365       0
Responsive image

The property market

The property market is booming - but can it last?
Property market pundits were predicting a ?lockdown lift? as estate agents opened their doors again in May. So were they right? A month on and the figures seem to be proving the point - so far. According to Show House, the property market is ?roaring back with an unprecedented level of new sales agreed and prices holding firm?.
Good news then. Although some markets, including London, are reported to be seeing a slight softening. Buyers are now rethinking commuting in the wake of the pandemic and there is a resurgence in the popularity of homes outside the capital. House prices have taken a hit across the board according to the Halifax but they are still 2.6% higher than this time last year. Brexit uncertainty was damping down the market in 2019. The early 2020 ?Boris bounce? was short-lived but the lockdown lift does now seem to be kicking in.


Online property platform Zoopla reports that enquiries and viewings are 54% higher than at the beginning of March as pent-up demand brings people back into the property market. New sales have ?rebounded? and are up by 137% since the market re-opened.
So what are buyers looking for? Zoopla reports increasing interest in higher value homes as people look for more space. According to the latest RICS Residential Market Report, 81% of agents polled expect to see an increase in demand for homes with gardens and balconies or located near public green spaces. In contrast ? and unsurprisingly, given the ongoing cladding crisis - 78% said they expect to see less interest in homes in high rise residential blocks. This is an unfortunate double whammy for flat owners who are having to jump through a complex series of hoops to bring their homes to the market in the first place.
The housing market is a key driver of the UK economy, so it's little wonder that estate agents were one of the first sectors to be allowed back to work. And after two months with closed doors, nor is it any surprise that the property market came back with a bang in May but will this level of activity continue?
Zoopla thinks the pandemic has created a ?one-off? boost to demand and that the current "spike" will be "short-lived?. So as the full impact of the pandemic on the economy starts to bite, unless they have good reason to move, the lockdown lift may prove to be just a glitch in the property market as people decide to keep their money in the bank for a while longer.
www.ringley.co.uk
Why not READ our Planet Rent Blog too: blog.planetrent.co.uk



Property Management Block Management
POPULAR POSTS

Solar panels on flats - what you need to know

Is noise getting you down?

Ground Rent: Fines for Landlords Who Charge Ground Rent

High Court: Right to Rent does breach human rights

Landlords beware - Don't believe everything you read!

RECENT POSTS

The UK Government Takes Decisive Steps to Meet Its Target of Delivering 1.5 Million Homes

UK Leasehold Reform: Moving Towards Commonhold Ownership

Government to Introduce Single Construction Regulator by 2028 in Response to Grenfell Inquiry

Real Estate Experts Urge House of Lords to Amend Renters Reform Bill

Real Estate Developers Boost Investment in UK Student Accommodation Sector



Blogs related:

ASSET MANAGEMENT
Pay your rent on time - and boost your credit rating!
Do you always pay your rent on time? If so, your on-time payments could soon improve your credit rating, just like homeowners benefit from paying their mortgage. The Creditworthiness Assessment Bill, currently going through Parliament, aims to make this a reality. The Bill will require lenders to consider rental and council tax payment history when assessing creditworthiness. If passed, this law could take effect in 2019.

Read


ASSET MANAGEMENT
Three cheers for apprenticeships!
Year 13 students around the country got their A-level results this morning and many will be off to university in the autumn. There are plenty of degrees on offer in property-related subjects and certain universities such as Reading and Nottingham Trent have a strong reputation for delivering a wide variety of courses.But as Dave Sheridan, Executive Chairman of ilke Homes rightly pointed out today, not everyone who leaves school wants to go to ...

Read


ASSET MANAGEMENT
The Fire Safety Act and your front door: new responsibilities
After the tragic Grenfell Tower incident in 2017, the government took decisive action by introducing the Fire Safety Act 2021.What is the relationship between the Fire Safety Act 2021 and the Regulatory Reform (Fire Safety) Order of 2005?This legislation is an essential amendment to the Regulatory Reform (Fire Safety) Order 2005. The primary goal of this legislation is to prevent similar future incidents. The Fire Safety Act are rooted in the ...

Read


Meet our Expert Property Commentators

Mary-Anne Bowring FTPI FRICS FARLA FCABE Founder/Head of Asset Management

Strategic partnerships, holistic delivery/ opportunities, growth, value engineering, thought leadership

Ian Barber MD BTR Mobilisation & Leasing

Runs HQ & site lease-up teams. Drives rent pricing, mobilisation, marketing, happy residents!

Jon Curtis MRICS Head of Building Engineering

Chartered Building Surveyor. Lectures on EWS1 & building safety. Runs CapEx programmes.

Kate Robinson MTPI MD Blocks/FM Management (London Region)

Master plan setup, ops and staffing and resident engagement. ISO45001 champion.

Lee Harle Partner Ringley Law

Plot conveyancing. Debt litigation. Group Company Secretary.

Anthony Kingdon MIRPM AssocRICS MD Blocks/FM Management (North Region)

Stakeholder engagement. Mixed tenure specialist. Budget management. Plant audit, PPM compliance.

Chris Georgalis MRICS Head of Commercial Valuation

Chartered Valuer. Rental valuations: retail, leisure. IRR modelling and valuations for secured lending. Compulsory purchase & rent reviews

Nichola Pughe MRICS Head of Residential Valuation

Chartered Valuer. Rental development & mixed use valuations, IRR modelling. Leasehold enfranchisement specialist

Natalie Birmingham Helpdesk Support Manager

Trainer & Helpdesk Manager: people, systems,contractors. ISO45001 supply chain accreditation.

Steve Norman Planning Director

Land due diligence (opportunities & constraints) Has contributed to a number of award winning schemes.


inshights shared - link to planetrent blogs

Landlord blog
Read landlord blog
inshights shared - link to ringley blogs

Property blogs
Read property blogs
inshights shared - link to ringley articles

Property articles
Read property articles
inshights shared - link to ringley ebooks

E-books
Read E-books

link to ringley social media facebook link to ringley social media instagram link to ringley social media linkedin link to ringley social media x-twitter
link to ringley social media x-twitter for small device
link to ringley social media linkedin for small device
link to ringley social media instagram for small device
link to ringley social media facebook for small device
  • Ringley Group
  • About us
  • CSR / ESG
  • BusyLiving
  • PlanetRent
  • Talk to us
  • Careers
  • Ask a Question
  • Insights
  • Articles
  • Blogs
  • Subscribe
  • BTR & PRS Buildings
  • What we do
  • Asset Management
  • Block Management
  • Facilities Management
  • Property Law
  • Surveying / Valuation
  • Building Engineering
  • Financial Services
  • Managing Agents
  • Block Management Locations
  • Co-working
  • Renting & Letting
  • Right to Manage
  • Contractor Management
  • Space to Work
  • Fees and Client Money Protections
  • Email: solutions@ringley.co.uk

  • Emergency line 1: 0207 428 2056

  • Emergency line 2: 0207 267 2900

  • Report an incident
  • Our Offices
  • London
  • Ringley House
  • 1 Castle Road
  • London
  • NW1 8PR
  • T: 0207 267 2900
  • London
  • Ringley House
  • 47 Rochester Place
  • London
  • NW1 9JL
  • Manchester
  • 11 Swan Street
  • Northern Quarter
  • Manchester
  • M4 5JJ
  • T: 0330 174 7777
  • Cardiff
  • 122 West Bute Street
  • Cardiff Bay
  • Cardiff
  • CF10 5LJ
  • T: 0330 174 7747
Privacy Policy
Ringley Staff Dashboard
link to ifsm website link to tpi website link to tpos website link to rics website link to ukgbc website link to government security industry authority website link to alep website

All content © copyright 2025. Ringley Limited. All Rights reserved. Ringley Limited, incorporated and registered in England and wales. Registered office: Ringley House, 1 Castle Road, London, NW1 8PR. Company No. 03302438
Terms of use | Privacy Policy | Modern slavery act | COVID-19 risk assessment