Mark outlines his predictions for the housing market in 2025. He talks about what he thinks will happen to rental prices, interest rates and the impact of the US Election as he gives his 6 Property predictions for 2025.

KEY TAKEAWAYS

• Rent will continue to rise in 2025 due to stamp duty increases, EPC ratings and the repeal of section 21, meaning less buy to let landlords will be buying property, increasing demand.
• Economic growth is still going to be slow in 2025, interest rates are likely to continue to drop.
• Mark predicts that build-to-rent is a sector that is going to grow in 2025
• Donald Trump being elected is going to have a significant impact on the world economy including the UK, particularly if we get a good trade deal directly with the U.S
• If Elon Musk is able to save the US government as much as predicted, what he does will become a model for the rest of the world
• Permitted development conversion caps have been removed, Mark predicts there will be more conversions of office and retail spaces into domestic accommodation in 2025

BEST MOMENTS

"I’m targeting between 5-10% of growth in build to rent”

“If Elon Musk gets into the US government, there’s talk of him saving $2 Trillion a year in their budget”

“You can convert lots more retail buildings now”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

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