Cities are making a comeback with buyers and tenants
The pandemic took a toll on the UK’s previously bustling cities, with empty streets and closed down businesses becoming the new norm for many residents.
Due to changing lifestyles, it wasn’t long before buyers and tenants turned their attention to rural living, with increased enquiries and searches for properties in more remote, tranquil locations.
In fact, for most of 2020, demand for rural properties outweighed demand for city properties, with countryside searches on Rightmove up 69%.
With the easing of lockdown restrictions and the prospect of the UK getting back to normal, we’ve now seen that interest reverse once more, with urban living now taking the lead.
What are buyers and tenants looking for?
From January 2021, flats located in major cities have seen a 39% increase in demand, says Rightmove.
This shows a strong contrast from 2020 trends, where ‘larger family homes’ were the most popular choice.
But what are the reasons for the sudden switch in demand?
As well as the lockdown roadmap, another huge factor behind the spike in interest for cities is the UK’s vaccination program and successful rollout, as this has led to optimism for the housing market and consumer spending in general.
With a range of stunning properties available with us, why not discover your next home?
This article was originally published by BriefYourMarket and is reproduced here with their permission.
For more company news and insights from Pygott & Crone, click here
Latest news
The Renters' Rights Act: What landlords need to know now
The Renters' Rights Act: What landlords need to know nowThe Renters' Rights Act 2025 came into force on 1 May 2026, bringing the most significant overhaul of private rented sector legislation in England in more than thirty years.
What's my home really worth? Understanding property valuations
What's my home really worth? Understanding property valuationsBefore you market a property for sale, understanding its value in the current market is the most important preparation you can make.
Void periods explained: How to minimise empty rental months
Void periods explained: How to minimise empty rental monthsA void period is the time between one tenancy ending and the next beginning, during which the property generates no income.
Breaking down the property chain: How it really works
Breaking down the property chain: How it really worksWhen you buy or sell a home in the UK, you are likely to hear the phrase property chain.
