The UK residential property market has hit significant highs and lows during the last 18 months, due to the pandemic, politics and how professional life is changing, but what’s should buyers and sellers be aware of?
On the political front, the rental eviction ban for COVID-19 sufferers ceased on 31 May 2021, and notice periods and property taxation relief are being reduced. Investors and owners, meanwhile, have continued to see property prices and rental yields influenced by flexible working decisions and, while lockdowns were easing, virus variants have continued to dominate news headlines. And there have been other matters also affecting sentiment.
In a session hosted by David McFadzean, head of wealth management at Nedbank Private Wealth, we heard from Marcus Dixon, head of research and data analysis at LonRes, and Rob Cohen, managing director of the MJ Group International. The discussion saw our experts provide an update on the latest market news and views, as well as their predictions for the coming months.
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About the author
David McFadzean
David is responsible for spearheading the growth of our wealth management business across the company’s international jurisdictions. Prior to taking on his current role, David was integral in developing the bank’s investment proposition for high-net-worth individuals, trustees and investment consultants. He is also a member of the bank’s executive committee.
He has over 25 years’ experience working for global blue-chip companies in both London and Jersey, and providing investment solutions to a wide variety of clients around the world. Prior to joining Nedbank Private Wealth, David spent 15 years with RBC Wealth Management where he held several senior roles, latterly leading the investment business as managing director and head of discretionary investments in Jersey.
David is a Chartered Fellow of the Chartered Institute for Securities & Investment and a Chartered Wealth Manager.
Learn moreBiography
David is responsible for spearheading the growth of our wealth management business across the company’s international jurisdictions. Prior to taking on his current role, David was integral in developing the bank’s investment proposition for high-net-worth individuals, trustees and investment consultants. He is also a member of the bank’s executive committee.
He has over 25 years’ experience working for global blue-chip companies in both London and Jersey, and providing investment solutions to a wide variety of clients around the world. Prior to joining Nedbank Private Wealth, David spent 15 years with RBC Wealth Management where he held several senior roles, latterly leading the investment business as managing director and head of discretionary investments in Jersey.
David is a Chartered Fellow of the Chartered Institute for Securities & Investment and a Chartered Wealth Manager.