In a market that is constantly exposed to new challenges and opportunities, one thing that we can be certain about is uncertainty.

With house prices expected to rise by 25% in the next 5 years and “big data” to overtake property lead generation methods, we can expect many changes within a relatively short period of time.

Luckily, the Property Investors Awards team have put together an expert’s insight into the ‘Future of UK Property Investment’.

The infographic they’ve created below explores the economical, ethical, and technological impacts that are all playing a key part in a constantly evolving property investment market.

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Some may see this future as dangerous territory with too many unknowns, whereas others will rise to the occasion and seize the opportunities that arise with both hands. Such entities may grow substantially as a result of doing so.

It’s important to remember:

Emerging and disruptive technologies may give you a chance to expand and outpace your competition.

Many of the technological advances discussed above are coming sooner than you may think. High tech industries such as virtual reality and drones are already making their way to markets and it won’t be long until we see their mass adoption in the property sector.

Virtual reality is an interesting topic for a number of reasons. We’re currently seeing an increasing amount of consumer adoption in relation to technology which may lead to major estate agents choosing to conduct or oversee viewings straight from their office in a virtual environment.

Smart homes will allow for landlords to remotely configure and control the properties they manage. Security, water, heating and lighting being remotely controlled are amongst other “smart” technologies that are expected to get a major boost in the coming years.

Tax changes and the effects of legislation

When we take an in-depth look at the tax changes proposed for full implementation by 2020 it’s clear that many higher rate income tax paying landlords will face a decline in profitability which may cause them to leave the industry.

In tough situations like this, it may be prudent to prepare and make the relevant changes whilst you can. If you choose not to adapt you may be within the 40% of the rental market that will be penalised as a result.

Your thoughts

The infographic above highlights just some of the key things to watch out for in the next few years. The property sector has a very interesting decade ahead and it would be of no surprise to see even more opportunities arise as the marketplace continues to evolve.

Property investors and landlords are placing more emphasis on monitoring what’s happening in the property investment industry and taking measures to ensure that their businesses can cope and flourish with the changes that are to come.

What are your thoughts about the future of property investment and what do you feel it has in store for you?

1 COMMENT

  1. George Osborne can go kiss my ring piece, brings out these tax hikes on me and my plans to increase my portfolio, oh we must all stop, pack in and sell up.. no don\’t think so.. If anything ill be buying more properties to pay for the extra taxation from the little privately schooled tax dweeb.

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