United Kingdom Real Estate Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The UK Real Estate Services Market is segmented by Property Type (Residential, Commercial, and Other Property Types) by Services (Property Management, Valuation Services, and Other Services).

Market Snapshot

uk-real-estate-services-market---growth-trends-and-forecast-2020---2025_Market Summary
Study Period: 2016 - 2026
Base Year: 2020
CAGR: <3 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

  • The UK real estate services market is estimated to grow at a CAGR of approximately 3% during the forecast period.
  • Private rental prices paid by tenants in the United Kingdom rose by 1.4% in the 12 months to November 2019, up from 1.3% in October 2019. Between January 2015 and November 2019, private rental prices in the United Kingdom increased by 8.3%. Average house prices in the United Kingdom peaked at GBP 235,000 in September 2019, annual growth rate of house prices was valued at 0.7% in October 2019, The facilities management industry is accountable for as much as 8% of the United Kingdom’s gross domestic product (GDP), and the sector employs up to 10% of the country’s workforce. The UK market was considered as the most mature and competitive in Europe, with most estimates putting its value in 2017 as high as GBP 120 billion.
  • The economic value created by commercial real estate is significant, with the industry responsible for 7% of all economic output generated across the United Kingdom. The number of properties available per realtors’ branch fell in October 2019, from 40 in September to 39, the lowest amount seen since June 2019, year-on-year, the supply of housing is down, falling from 40 in October 2018. There are 148,046 build rent units that are either completed or planned across the United Kingdom, including 34,840 completed, 35,760 under construction, and a further 77,446 with planning permission.
  • The UK government has taken initiative toward affordable home ‘The Shared Ownership and Affordable Homes Program 2016 to 2021’ to deliver starts on site for at least 135,000 homes for help to buy (shared ownership), 10,000 homes for rent to buy, and 8,000 homes for supported and older people’s rental accommodation.

Scope of the Report

This report aims to provide a detailed analysis of the UK Real Estate Services Market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights on various product and application types. Additionally, it analyzes the key players and the competitive landscape in the UK real estate services market.

By Property type
Residential
Commercial
Other Property Types
By Service
Property Management
Valuation
Other Services

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increase in adoption of Proptech in real estate:

Britain has made a digital transformation in the real estate sector and supported new innovational startup and tools. Proptech is becoming a major need to cope up with the whole industry to adopt new technologies so you can prove your presence in such a fast pace race. the UK seemed to adopt more B2B (business to business) PropTech solutions more of the B2C (business to customer) one by almost 28%. Also, worth mentioning that most UK Proptech users tend to use it in managing their properties in the first place and then to sell, buy, rent or build it. Due to the rapidly changing face of the workplace, UK commercial property, most notably office space, is busy trying to deliver what modern businesses are now demanding, flexible, short-term space to help support increasingly remote and nomadic workforces. This goes a long way to explaining the keen interest of ongoing property and facilities management as companies like Re-leased are helping streamline the processes of identifying space for occupiers and increasing revenue for commercial owners and landlords.

t1

Increase in New home registration:

During Sept 2019 – Nov 2019 the number of NHBC new home registrations was 44,361 compared to 43,655 2018. 30,416 were registered in the private sector, compared to 32,737 in the previous year,13,945 were registered in the affordable and rental sector, compared to 10,918 in the previous year. More than 16,000 new homes were registered to be built by the UK’s builders and developers in November 2019, 7% more than a year ago (November 2018). As new home registration increased, the demand for real estate services like property management, facility management will increase.

t2

Competitive Landscape

The report covers the major players operating in the UK real estate services market. The UK real estate services market has both international and local players, some of the prominent players in the industry are Knight Frank, Savills Ltd, Interserve. Increase in number of new home registration and adoption new technologies in the real estate services to improve the efficiency is likely to increase the growth of the market.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porters Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Property type

      1. 5.1.1 Residential

      2. 5.1.2 Commercial

      3. 5.1.3 Other Property Types

    2. 5.2 By Service

      1. 5.2.1 Property Management

      2. 5.2.2 Valuation

      3. 5.2.3 Other Services

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Mergers and Acquisitions

    3. 6.3 Company Profiles

      1. 6.3.1 Savills (uk) Ltd

      2. 6.3.2 Knight Frank LLP

      3. 6.3.3 Bridgewater Housing Association Ltd

      4. 6.3.4 NHS Property Services Ltd

      5. 6.3.5 Sanctuary Housing Association

      6. 6.3.6 Atalian Servest Ltd

      7. 6.3.7 Notting Hill Genesis

      8. 6.3.8 Interserve Ltd

      9. 6.3.9 Trillium Holdings Limited

      10. 6.3.10 Mears Ltd

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The United Kingdom Real Estate Services Market market is studied from 2016 - 2026.

The United Kingdom Real Estate Services Market is growing at a CAGR of <3% over the next 5 years.

Savills (uk) Ltd, Knight Frank LLP, Bridgewater Housing Association ltd, NHS Property Services Ltd, Sanctuary Housing Association are the major companies operating in United Kingdom Real Estate Services Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!