The central London market is improving but mainly as a result of overseas cash from sovereign funds.
The stabilisation of the property market in the rest of the UK will be affected by the public sector jobcuts (estimated at 600,000) and the reliance of regions such as, Wales, North East and North West on a growing public sector*.
Whilst these economic factors are regrettable it does suggest that the increasing need for lease-end specialists to drive valuable
settlements is to continue to grow in both the public and private sector for the foreseeable future.
We are already seeing a dramatic increase in enquiries from both the public and private sector which we expect to continue over the next 2 to 3 years.
*CEBR
Anthony Lorenz | Dilapidations
