The UK investment property market is showing signs of renewed momentum with a sharp rise in stock levels and growing evidence of increased pricing flexibility from sellers.
New data from Sourced reveals a 22% increase in available investment properties over the past six weeks, suggesting improving conditions for buyers seeking below-market-value opportunities.
The uplift comes despite ongoing geopolitical uncertainty and a static interest rate environment, pointing to a shift in market behaviour after a prolonged period of inactivity.
According to the data, more properties have been added to the Sourced platform in the last six weeks than in the previous six months combined. The firm, which focuses on investment-grade stock rather than mainstream listings, suggests more assets are now aligning with investor criteria.
PRAGMATIC PRICING
There are also signs that sellers are becoming more pragmatic on pricing, with increased willingness to accept discounted offers in order to secure deals and move transactions forward.
Stephen Moss (main picture), CEO and founder of Sourced, says: “Despite global events such as the war in Iran causing financial turmoil, and interest rates being held, we are seeing more investment properties being made available than ever.
“Data tracked from the Sourced property app reveals more properties have been added by our sourcers in the past six weeks than in the last six months.
“Sourced does not deal with mainstream investment property sales, and we believe that this 22% increase could be due to more properties now fitting investor criteria, with sellers much more amenable to accepting offers.”
TAKING ACTION
He adds: “In the past when we have experienced something dramatic like a war breaking out, there has been a tendency for buyers and sellers to baton down the hatches and wait the situation out.
“However, in recent weeks it seems that people who had already been waiting a very long time for the market to improve and interest rates to drop, have decided to take action and this has ignited something of a fire in the property investment market.”
