The Property Market in 2020

Since the December General Election, the future is looking healthier for the top end of the industry, but the government will need to progress swiftly on clarifying a few proposals that have been left hanging - like the stamp duty conundrum. 

If it is going up for certain categories of buyers, like overseas purchasers, this certainly would affect the premium sector of our market, who may well look elsewhere in Europe or beyond to invest. So the sooner the better for that decision, so we can all adjust and adapt accordingly. However, the market remains strong – the popularity of our new flagship site Broadoaks Park in West Byfleet, which offers two bedroom apartments through to 6/7 bedroom family homes, is firm evidence of this.

Speeding up planning applications would possibly be the best news for us all. A lot of our sites are opportunistic - as a small housebuilder, we are actively broadening our locations so we can offer ‘affordable Octagon’, with homes at more accessible price points due to launch under a new brand. 

We will continue to build at the very top end of the market under Octagon, and, as an established and respected brand, we intend to capitalise on our four decade track record to bring this higher density, quality housing to the middle market.

Learn more at: https://broadoakspark.co.uk