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So, will those long-term property buyers who have confidence in the UK property market have the courage of their convictions?

It will probably come as no surprise to learn that as the UK begins to leave the coronavirus lockdown there has been a surge in demand for bungalows. Whether renting or looking to purchase property, it looks as though the highly contagious virus has prompted a change in UK property buying patterns. Is this a sign of things to come or just a knee-jerk reaction to Covid-19?

Prior to the coronavirus pandemic, houses and flats were the two most popular types of property in the UK. Fast forward and as the UK comes out of the lockdown demand has switched to bungalows and houses with flats being shunned by many buyers.

The report by RightMove confirmed that buyers were looking towards three-bedroom houses while renters are focusing on two-bedroom houses or bungalows. It is worth reminding ourselves that we are not yet out of the lockdown and there are serious concerns of a second wave of the coronavirus towards the end of 2020 or early 2021. The further south you move in the UK, beyond the Midlands, the greater the population density and London is just crazy. While the capital is obviously the main transport hub of the UK many believe that the coronavirus was so prevalent because of the extremely heavy population density. The reality is that space in and around the capital is at a premium. As bad credit signature loans no credit check a consequence, there will be no real let-up in huge flat developments as a means of housing as many people as possible in as small a space as possible. This is cost-effective, maximises returns and ultimately allows more and more people to be housed in and around the capital. The same can be said for many areas of the south-east which together with London have been economic and the property market heartbeat of the UK for years. In a perfect world we would all have more space in which to live, more privacy and when it comes to challenges such as the coronavirus, more protection. Those who believe we will see huge changes in the style of flat developments going forwards are kidding themselves.

Money talks at the end of the day and if more people want houses and bungalows they will need to pay the price. In the short term we may see continued growth in demand for houses and bungalows as investors and tenants look for additional protection against the coronavirus going forward. Unfortunately, when prices and rent levels are pushed towards unsustainable levels the economic realities will hit home. While much of the focus has been on the private rental market and the impact on private landlords and tenants, maybe bad credit signature loans no credit check we should look at social housing.


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Since the 1980s when the right to buy scheme was introduced by the then Conservative government, successive governments have continued with this huge sell-off. It was only recently that some areas of the UK withdrew the right to buy council housing despite the fact this had been decimating social housing stock for years. So, how will social housing be impacted by the coronavirus going forward? It has been common knowledge for many years now that councils up and down the country have been running on relatively low levels of social housing. Even the introduction of housing associations has not had a major impact on the supply and demand ratio. Indeed, over the years we have seen a significant amount of council housing stock transferred to housing associations. Recent governments have promised to increase social housing stocks but so far we have seen minimal impact in the wider context.

As a consequence, when more and more private tenants are unable to cover their monthly rental we will see even greater demand for social housing stock.

As with private landlords, many of whom are facing significant write-offs against tenant rental arrears it is safe to say that many councils will also face similar challenges. However, behind-the-scenes councils are ready for a deluge of cries for assistance once the lockdown is over and the economic impact becomes clearer. In many ways this is a double whammy for local authorities, many will need to write off rent arrears and tenants will need to use the universal credit system to cover rental payments in the future. This in turn will impact taxpayers who will see their direct and indirect state contributions increase for many years to come.

If we cast our minds back to the December 2019 election, Boris Johnson made huge promises with regards to social housing (as did all parties) and affordable properties. While this was supposed to be spread over the next five years, there are growing demands for as much of this money as possible to be released now. What we do know no employment verification payday loan is that with social housing stock in limited supply, this will place greater pressure on the private rental sector. However, this is a sector which has been hit hard with tighter regulations and ever-growing tax liabilities in recent years.

While nobody could have foreseen the huge health, economic and social consequences of the coronavirus, a lack of planning by the UK government and local authorities has been laid bare. This will almost certainly place greater pressure on the private rental market and normally the authorities would sweeten this direct lending loans pill with reduced taxation.


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However, in the short to medium term government debt needs paid back, interest will pick up significantly and tax income streams have been decimated. In a rather bizarre turnaround, data on the London property market suggests that high-end properties are much in demand.

This comes on the back of a crippling lockdown and Brexit negotiations which seem to go from one disaster to another.

So, what is prompting this surge in demand for high-end properties in London and will it continue? While some of this could be put down to the post lockdown surge are we starting to see a sea change in property investment trend. While we would expect data from competing parties to rubberstamp any new trends, it is the strength of the new trends which has caught many by surprise. There have been rumours, counter rumours and blatantly made up stories regarding a potential change in property investment trends. What does seem payday loans direct lender only to be clear is that the coronavirus pandemic and the chances of this re-occurring in the short, medium and long-term has made many people think again about their property investment strategy. We know that luxury property markets tend to retain their value better than their mass-market counterparts during difficult times. Figures suggest that they also bounce back quicker when the tide does begin to turn.

However, there seems to be a real change in investment strategy. A number of estate agents have stepped forward with comments and feedback regarding ongoing client enquiries in the luxury property market. What we also know is that many businesses will be actively investigating the potential for more employees to work from home in the event of similar outbreaks in the future. While the UK government stepped in with hundreds of billions of pounds in financial assistance this is not something that can be repeated.

It will take many years for businesses and taxpayers to bad credit signature loans no credit check repay these huge subsidies paid out but so far it does seem to have added a degree of relative stability. Yes, GDP growth was down significantly during the lockdown and will take some time to get back to anywhere near normality. It looks as though we take a loan to pay bills on 401k are starting to see the emergence of a new trend in the UK property market with particular focus on high-end properties. The coronavirus pandemic has shaken the foundations of the UK business sector and the economy has been hit extremely hard. At this moment in time it is difficult to see light at the end of the total as the coronavirus continues to impact all areas of private and business life. The property market has been temporarily frozen and there are serious concerns about how property prices personal loans today will react when the lockdown comes to an end.


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So, while it may be difficult, it is sensible to take a long-term view and detach yourself from the short term challenges. European Union citizens will still be able to move to the UK via the traditional immigration system. There will continue to be huge movement amongst Commonwealth countries and from other countries that have previously used the traditional immigration system. When we also take into account natural population growth in the UK it seems inevitable that there will be further pressure and further demand for housing. We only need to look back to the December 2019 election to see the promises of huge new build investment from both the Conservative and the Labour Party. It is inevitable that government plans to increase newbuild numbers will be delayed somewhat in light of the lockdown and social distancing, which will place yet more pressure on current housing stock.

We already know that the number of newbuilds has for many years been well behind the curve with regards to population growth and demand. At this moment in time it is impossible to say with any certainty how UK house prices will respond in the short to medium term. Indeed, if potential sellers were to withdraw their homes from the market then this could introduce greater competition per property available. So, when looking at the headline figures it is essential to focus on forecasts for house price growth. The UK is often underrated when it comes to economic power and worldwide influence. So, yes, the UK does have challenges with regards to Brexit, and the coronavirus has and will continue to cause problems in the short term. However, property investors looking longer term may well experience some significant gains. There are numerous reasons why the UK bad credit signature loans no credit check property market still looks attractive longer term and why many investors have been refinancing assets to increase liquidity. As ever, timing will be the key with many investors waiting for the expected initial markdown in property prices. If this happens it could prompt a huge wave of new investment…… As a live event, 2020 has presented us with exceptional challenges. Our response is to lead the market by delivering the first bad credit signature loans no credit check ever online show dedicated solely to the UK buy-to-let market. Partnering with an established low fee payday loans bad credit signature loans no credit check digital events platform, the National Landlord Investment Show will be delivering 3 online events throughout October and November.