2017 saw the highest number of first time buyers in the UK since 2006, standing at 365,000. 2017 also saw new build house prices rise by 9.8% across the UK. The new homes and land development market is seriously underestimated by estate agents and mistakenly disregarded as too resource intensive. Strong demand for new housing continues despite Brexit uncertainties. Developers across the country are ferociously seeking out land with new homes development potential. Of the 217,350 dwellings added to the housing stock last year, the greatest increase in delivery comes from new build completion (up by 56 per cent against the post financial crisis low point in 2010-11). With the right tools, agents are perfectly placed to mint this market.
LandInsight surveyed estate agents across the UK to find out why they are diversifying into the Land development and New Homes market. Our findings call for swift action.
Why estate agents are focussing on the Land and New Homes market:
How to ensure success in the Land and New Homes market:
Given the potential revenue that a Land and New Homes team can generate and the low overheads made possible by advancements in technology- can estate agents afford to overlook the Land and New Homes market anymore?
Max is in charge of everything marketing at LandInsight. Before dedicating himself to solving the housing crisis with tech, he helped Savills set up their marketing efforts in the Philippines. As a child he once had a tiff with his sister over a game of Monopoly, they haven't spoken since.
As it stands, we’re in the middle of a longstanding housing crisis, and its in all of our interests to make finding new land opportunities a simpler and more effective process.
LandInsight is the answer. It has been developed to remove the barriers and inefficiencies that result in developers and individual buyers missing out, wasting time and incurring unnecessary costs.