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Baba Vanga Eat Your Heart Out - Some 2025 Predictions From JSR

Writer's picture: Stuart JacksonStuart Jackson



Ok, there were some tricky moments in the last quarter cough budget cough - morale was pretty low as we wrapped up 2024. But we’re here to cheer you up as we look forward to 2025. Huge disclaimer - we have absolutely no qualifications or proven ability in prediction but we’re seeing it as manifestation. Most of the trends that we are seeing are continuations of existing patterns but there are some reasons to expect that we’ll see the stakes rise this year. So, what are we seeing and how will it affect us, the property professionals?


Look To The North

The North of the country is continuing to grow as a property hotspot. Before leaving office, the Conservatives announced a cash injection of £208 million to fund house-building and regeneration projects in the North. Local authorities are also investing in infrastructure, making it much more attractive. Forecasts are showing that house prices will rise the most in the North West, with London expected to have the slowest rate of house price growth. This means that investors will look to buy here and the area will become more attractive to renters. For the property industry, this means there will likely be a higher number of attractive jobs in the North. So long as you can hack the rain, it might be an exciting place to be.


Renting Is King

For a wide range of reasons, renting is overtaking buying as the long-term choice. The reason for this really does depend on who you ask - people like the flexibility, people can’t afford the upfront costs, people are investing their money in different ways…the list goes on! What is definitive, is that renting is increasingly popular and so there is increased demand for rental property. We saw a rise in the growth of ‘Build-to-Rent’ investment in 2024 and we can only imagine this will continue as renting stays on top. As specialists in Build-To-Rent hiring, we can’t pretend we’re anything but delighted about this and its implications - jobs, jobs, jobs!


Work-From-Home Is Sticking Around It turns out that people are into this work-from-home malarky. We’ve spoken in previous blogs about how important it is in the current hiring climate to offer at least hybrid working options to cater for this and it definitely feels like this trend is here to stay. So how is this relevant to us? There are a few things to consider. Firstly, as hiring professionals, we need to consider this when looking at job descriptions. This is something that we already flagged with clients and that looks set to consider. Secondly, this may be another factor that impacts job locations. People are moving out of the cities and into more suburban and rural areas, now that their commute is a less regular part of their lives. This means we may see more property being built further out of the cities, which means property professionals and their jobs will come out of the cities too! It’s definitely important to note that this isn’t going to be all jobs - it may not even be the majority of jobs. But more options may be opening up for those who would rather avoid the hustle and bustle.


Build It & They Will Come

This one definitely feels like we are manifesting - hard. The current government had a manifesto pledge to build 1.5 million new homes. It’s certainly ambitious and we certainly aren’t holding our breath. BUT to meet this ambitious target planning reforms may be introduced to make home building easier. It certainly is a focus and, to oversimplify things into a nice soundbite, new properties means new property jobs.



Sustainability Is Continuing To Grow

Our final prediction is really more of an observation but it will have an impact. Carbon-neutral targets are quite intense, with the UK government committing to a net zero target by 2050. The Future Homes Standard aims for all new homes built from 2025 will produce 75-80% less carbon emissions and not to point out the obvious, but that’s this year. Energy prices are also having an impact on consumer choices, meaning people are looking for more energy-efficient homes to protect their purses. So all around, sustainability in property is on the up. This could potentially impact the nature of the job roles we see, with new skills being required amongst in-house team members.



As we mentioned earlier, this might all be total nonsense - we’re just experts in property recruitment, not in prophecy. But wouldn’t it be nice if all this came to fruition!? Place your bets and we’ll see you next year.


Jackson Sims Recruitment is a property recruitment company operating in the UK and APAC region. Should you be a candidate or client working in property management we have a multitude of recruitment services that can be tailored to you. Please visit www.JacksonSimsRecruitment.com for more information.

 





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©2024 BY JACKSON SIMS RECRUITMENT LTD

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