PLG are excited to launch our first housing market report. The seed of an idea for a six-monthly report was sown several years ago as the company expanded and gathered intel from estate agents across the country.
It soon became apparent that this depth of knowledge was a true barometer of the housing market nationally, and frequently at odds with other, more widely-known reports.
Our day job as property search agents involves going up, down and across the country searching for suitable rental and forever homes for disabled clients with specific needs and urgent requirements.
We, and they, need to know what is going on in the market and we wanted to deliver an accurate report that gave the true picture.
In our first issue, we are honoured that former Times property editor Anne Ashworth has written us a guest column.
We also asked several agents we regularly work with what impact the pandemic has had on their business and the market, what they have seen during and since lockdown, and what they expect over the next few months.
We will be back in March to see whether they got their predictions right and hope that the PLG report will be something of a reference point that can evolve with time.
Do let us know what you think.
Phill Gill, Managing Director
Former property editor of The Times
We may just be at the beginning of the changes that the pandemic makes to the property market.
There are many reasons why the British are obsessed with the property market, but its capacity to surprise is high on the list. The bounce back in the late spring and summer of 2020 was most unexpected. Will this recovery now be derailed as job losses start to mount? Or will the desire for a property with space for home working and a garden continue to be strong – defying the pessimists?
When the Government announced mid-May that viewings would once more be permitted after lockdown, many observers predicted a lukewarm response. It was felt that the requirement to wear PPE for viewings would make it hard to fall in love with a property – and that even those who braved the experience would be held back by financial pressures.
What Agents Say
PLG asked some of the agents it works with across the country for their views of the housing market.
- What were your main concerns going into lockdown and how has the reality looked the other side?
- How has the post-lockdown market compared with levels of business for the same period last year?
- How do you see the market shaping up over the course of the next six months?Contact PLG Consultants – 0333 577 0809 | www.plg.uk