Predictions for 2022 – brace yourself

Property Week have reported – Predictions for 2022 – brace yourself. 2021 has seen a slowdown in off plan sales in the UK’s new homes market, certainly for larger apartment led projects due to a mix of Covid, Brexit and, particularly in London and Manchester, a dramatic decline in Chinese investors. Developers will therefore be looking for new ways to sell off plan to both domestic buyers and those looking to buy here that can’t travel. We would therefore predict an uptick in proptech to support these sales, with developers looking for new ways to market properties online.” Milan Zahradnik, CEO, PROPSTER

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