The Day of 8 Billion – What Does It Mean for the Property Industry?

On 15th November 2022 humanity reached a significant milestone: a population of 8 billion.  This is an exciting achievement for the human race, and something that the UN encourages us to celebrate.  

However, some might view this figure with trepidation.  What can such a large population mean for our planet?  

Yes, our growing size is cause for increased consideration of what we do, and how we treat, our modern-day environment; especially in light of issues such as global warming and the deforestation of our planet’s largest green zones.  

It is also important to understand how we got to this figure and think about where we are going in the future.

The UN’s 8 Trends for a World of 8 Billion People is an interesting insight into both of these areas.  

So, in light of this historic event, we’re taking each of the 8 trends described by the United Nations, looking at them through the lens of housebuilding, to see what they could mean for the property industry in the coming years.

1. Slowing Growth

Although there are more humans on the planet than ever before, it is taking longer for our numbers to grow than it has done for previous generations.  It has taken 15 years, for instance, to get from a population of 6 billion people to 7 billion; whereas it only took 12 years to get from 5 billion to 6 billion.  

This slowing of growth, however, is still growth, and with the property industry in mind, this still means that the demand for housing is ever rising and should remain a focus for decades to come.

The UN predict the population of the human race will peak around 2080, when it is estimated to reach a total of 10.4 billion people.  After this, the number is predicted to remain at this level for the rest of the century.

That means at least an additional 3 billion people (more than double the entire population of China, which is currently the world’s most populated country), each of whom will need somewhere to live.

In terms of the housing industry and what this means for the coming years, it is advisable to think not only about the number of houses, or homes, being built each year, but also about the availability of the houses you are building.  

Affordable Housing is a beneficial investment, providing much help in the housing shortage and allowing those who cannot otherwise afford a home of their own to climb that first step of the property ladder.

Another area that property developers can wisely invest in is build-to-rent schemes.  Again, the availability of these properties can be an attractive option for people who might be unable to afford the deposit required to obtain a mortgage and find themselves better suited to living in rented accommodation.

The production of housing of any sort is paramount, as we continue to see our numbers increase and with it, the requirements of homing such a large population.

2. Fewer Children

It might surprise some to know that, even though our numbers are growing, this has nothing to do with fertility rates, which are in fact falling everywhere.   Back in 1950, the average births per woman was 5; now in 2022 it is 2.3 and is estimated to drop to 2.1 by 2050.  

It is our increased life expectancy that ultimately leads to our population growth.

What this means for our world of 8 billion people and the coming years is that we find ourselves in a world with fewer children, or, more specifically, a world where the percentage of children (aged 0-14) is declining.

In light of this development, it might be wise for housebuilders and developers to consider how they market the smaller rooms in their properties.  Where nurseries and rooms for children have previously been high on buyers’ wishlists, in the coming years, these rooms might be better marketed as home offices, games rooms, home cinemas, or other purposes with an adult-centred focus.  

Although children are still being born, and traditionally children’s rooms will still be required, the increasing percentage of homes being bought that will not have young children living in them means an alternative use for these rooms should be advertised.

3. Longer Lives

On every continent, people are living longer.  

There is up to 34 years’ difference in life expectancy, depending on the region.  The longest living countries – Australia, Hong Kong SAR, Macao SAR and Japan – have an estimated life expectancy of 85 years or more, whereas countries with higher mortality rates – Central Africa Republic, Chad, Lesotho and Nigeria – have a life expectancy of only 54 years.  Despite these huge disparities, the gap is narrowing.  Life expectancy is rising in the countries where it is currently low, while life expectancy slows in the countries where it is currently higher.

With our time on this planet increasing, so does our footprint, both carbon and otherwise (our waste production, water usage, food consumption, etc.).  It has therefore never been more important for us to take great consideration in our day-to-day habits and the knock-on effect they have on our environment and on the world we are leaving for future generations.

Unfortunately, the construction industry is responsible for 40% of the UK’s carbon emissions.  With homes in high demand for our ever-increasing population, it is more important than ever to strive towards net zero targets and supply renewable energy solutions, such as solar panels and air- and ground-source heat pumps, to the new homes being built.

As well as making improvements to the carbon emissions we are directly responsible for, housebuilders can also have a positive impact by influencing and educating their buyers, or home users, on how to live sustainably in their new homes.

Sustainability and Community Guides can be a great asset in this endeavour, as can eco-friendly welcome gifts, that provide a sustainable alternative to products that are used every day.

4. People On the Move

While nearly 29 out of every 30 people remain in their country of birth, the number of people crossing borders to live elsewhere is rising.  In some countries, where fertility rates are low, migration is the sole reason for population growth.  In other regions, including Eastern Europe, emigration is a large factor in population decline, with more people leaving than coming in or being born there.  

What is challenging about this trend, argues the UN, is that it is difficult to predict.  The sudden migration out of Ukraine in 2022 was unforeseeable, as are other social and cultural incidents that lead to such a movement of people across borders.

The way this increase in migration will shape our future is uncertain.  However, one step that housebuilders can take is to be prepared for buyers who have come from overseas.  

Employing bilingual or multilingual staff, who can translate marketing and sales materials, legal documents and agreements, and even be a point of contact for non-native speaking buyers would be a good investment for future-proofing the sales suite of new developments.  Ensuring that marketing materials are inclusive, representing buyers from across the globe, would also be a worthy use of resources.  

Once your buyers have moved in, you can also be of help to get them settled in their new environment.  Creating an inclusive sense of community on your developments can start as easily as holding events for new homeowners.  Here, you can encourage the new residents to mingle, maybe even providing information on what is available in the local area, so that like-minded hobbyists can get to know each other.

In a world where people are on the move, you never know where your next buyer is coming from, so it is good to be prepared.

5. Aging Populations

The decline in fertility, added to the rise in life expectancy, means that populations are aging fast.  In 2018, for the first time in history, people aged 65 or over outnumbered those aged 5 and under.  By 2050, the UN predicts that the number of people aged 65 and over will be over twice the number of those aged 5 and under.  

For housebuilders, this might mean new considerations during the planning and designing of homes for future developments.  As the percentage of older people increases, so do the age-appropriate requirements of their living spaces.  

A ‘House for Life’ approach to design can be a great selling point to an older buyer.  For instance, creating homes with space for lifts or stairlifts; hallways that are wide enough for the passage of wheelchairs; easy access baths or showers with room for a seat.  These features would greatly benefit an older buyer and enable them to continue living in your homes well into their old age.

Another review-worthy feature of new developments that can be advertised in your marketing and influenced by you, is the community aspect of the development.  Creating a hub, whether it be green spaces for walks or a built centre where activities can be held, can mean a lot to a retired buyer.

In a world of aging populations, our homes will need to fit our requirements and it is never too soon to plan for the future.

6. Women Outliving Men

Across the globe, nearly 106 boys are born to every 100 girls; however, women outlive men, nearly everywhere.  As a result of weaker immune systems, likelihood of cardiovascular disease at a younger age and riskier behaviours through adolescence and adulthood, men die in higher numbers than women.  The result is a population where men outnumber women only slightly, and not at all in their later years, as a women’s life expectancy is, on average, 5 years longer than men’s.  Women outnumber men in nearly all older populations, globally making up 55.7% of all people aged 65 and over in 2022.

This trend of women living longer than men, and making up a larger percentage of the older population, is worth considering when planning and designing future developments.  

Whether male or female, living alone is commonplace among the elderly in today’s world.  If we are to cater to this growing portion of our society, it means thinking about what they might be looking for in a home.

Time and time again, we hear stories of lone-living elderly people having to cope with feelings of fear or loneliness in their homes.  What could a developer do to help them overcome these feelings?  Increased measures of security might be of benefit in feeling safe at home, or community-focused events to help them get to know their neighbours might help them to feel more secure in their surroundings.

Whatever can be done to help people feel safe and secure in their homes is of benefit to any person living alone and to those aged 65 or more, even more so.  Measures taken to make improvements in these areas are a great investment for your homes going forward.

7. Two Pandemics

In 2020 and 2021, Covid 19 led to 14.9 million more deaths than had been expected based on previous years, says the UN.

The effect pandemics have on our population figures are alarming.  This cannot be predicted in the estimated population growth of the human race.

Some scientists are arguing that the situation we found ourselves in during the Covid 19 pandemic, may be a more frequent occurrence once glaciers have melted beyond a certain level and released the bacteria contained in them, such as anthrax and the bubonic plague.

If this were to happen, lockdowns may have to happen across the globe once more, as we find ourselves in a situation of trying to control the spreading of these dangerous bacteria.  What could be done to help homeowners if they are forced to stay at home again, or even, periodically?  

One thing to think about, might be methods to bring a little bit of the outside into the home.  Think windows, ceiling lanterns, Juliet balconies and other ways of making the inside of your homes feel connected to the outside world.  

As we mentioned in our ‘fewer children’ trend, home offices are now an increasing priority for homebuyers and as the years go by, this trend is only going to continue as they gain height on the wishlists.  The usefulness of these during another pandemic goes without saying.  This is also true of spaces that could be used for gym equipment or rooms large enough for exercise, generally.

So, whether you want to make the house feel open and airy for the further instances of lockdowns, or if you want to focus on practical adjustments to help with working and maintaining physical health at home for your buyers in the case of further pandemics, there are things homebuilders can do to help their buyers get through lockdowns of the future.

8. Shifting Centres

Across the globe, regions are growing at different rates.  The impact of this is that it shifts the distribution of the global population geographically.  As of 2022, for example, over half the world’s population lives in Asia, but by 2060, sub-Saharan Africa is projected to be the world’s most populous region, when it is predicted to reach 3.4 billion.

Although the centres of highest populations are shifting, this does not detract from the increase of the population generally.  In the UK, for instance, the population is projected to rise by another 2.1 million by the mid 2030s.

In the UK, a lot of this growth is set to happen through immigration, as the UK is a country where the birth rate is almost at replacement level (the amount of births per woman required to sustain the number of people living in that region).  So, the demand for housing continues to increase, as does the need to be able to provide this housing to people for whom English is possibly not their first language.

This last of the 8 trends is therefore another indicator that developers should be thinking about the increasing demand for housing, how to make that as available to the masses as possible and also, what those masses will need from both their homes and the developers they are buying them from.  Both affordable housing and build-to-rent developments can help with the housing shortage and the implementation of multilingual practices and staff can help with the increasing number of buyers moving into the UK from overseas.

Implementing the Evolving Requirements to Home a Population of 8 Billion

As a company that services the property industry, we are excited to see what the future holds for our partner developers and see how they rise to the coming challenges of an increasing population.

The UN’s ‘8 Trends for a World of 8 Billion People’ is an interesting insight into our species and where we are headed.  Looking at the trends through a housebuilding lens provokes much thought on what will happen to the industry in the coming years.  

We hope you found some inspiration here on what might become topics of focus when looking for your future developments.  For a further insight into the changing trends of our growing population, read the feature in full on the UN’s website.

More Blog Posts

How Does the City of Today Compare to 2020’s City of Tomorrow?

Back in 2020, the world was managing a global pandemic. City life was shifting. We reflect on the predictions that were made for our cities.

Overworked and Under-resourced - Housing Professionals in Wales Face Workforce Dilemma

With all the challenges faced by housing professionals in 2023 – from planning conditions to materials shortages – having the in-house resources to make the best of a bad situation is essential. Unfortunately, news coming out of Wales suggests this is not the case, leaving homebuilders uncertain where to turn as the housing crisis worsens.

Alternative Styles of Customer Care

There have been some momentous moments in customer care. Could you recreate something similar for your customers?

Customer Care Throughout the Ages

We explore customer care at every stage: where it started, how it's changed and where it's going.

How the New Homes Quality Board is Raising Customer Care Standards

The new Code looks set to succeed in raising standards in consumer care for homebuyers but how, exactly, is it achieving this goal?

The Importance of Omnipresent Branding After Completion

We explore why you should double down on branding after completion, and how.

March Round-up - NHQB Interview, Canadian Oversea Buyer Ban, Tenant Satisfaction Measures and the Spring Budget

Classic Folios and Spaciable CEO David Graydon shares his industry insights for March

Spring Snub: How Homebuilders Can Combat the Lack of Support in the Spring Budget

Unsurprisingly, the UK property industry was disappointed with the latest Budget, which failed to provide the much-needed support for the sector. Despite the challenges faced by homebuilders, there are actions that can be taken to address their concerns and support the growth of the industry.

Why Choose a Supplier with Longevity?

Choosing a supplier is one of the most important decisions a business makes. Find out how to choose a company you can trust.

A Conversation with the New Homes Quality Board

The New Homes Quality Board (NHQB) is one of the biggest talking points in the property industry, as it sets to raise the standards of new homes and improve the customer service provided by developers. As one of the companies to be accredited by the New Homes Quality Board, we thought we’d sit down and discuss what the New Homes Quality Code means for developers and homebuyers. Andrew Preece, Industry Engagement Manager, agreed to answer some of our questions.

Building a Better Future

With a declining workforce, what can we do to attract young talent to the homebuilding industry?

Affordable Mortgage Scheme Unlocks Homeownership for Hundreds

The Home Builders Federation's new mortgage scheme is proving a great success for homebuilders and homebuyers alike.

New Homes Week Releases ‘Planning for Economic Failure’ Report

The Home Builders Federation’s shocking new report is sure to increase pressure on the government to reconsider reforms.

New Homes Week Reveals the Surprising Savings of Buying New

The first in our series of mini blogs to support the New Homes Week campaign looks at the cost-saving benefits of buying new.

Homebuilders Taking Sustainable Steps Towards Net Zero Targets

Whether through concept homes or by updating traditional systems to be more energy-efficient, many developers are making significant progress towards their Net Zero targets.

The Urgency of Climate-Ready UK New Builds: How to Win the Battle for Future Generations

UK homes are facing a climate change crisis, with intensifying heatwaves and increased likelihood of extreme rainfall leaving the nation vulnerable. The government must take action and invest in low-carbon, resilient infrastructure.

January Round-up - AI, New Build Mythbusting and NHQB Tips!

Recap the big talking points so far of 2023, from AI-fever spreading through offices to the requirements of the New Homes Quality Code!

Ten Sustainability Tips for Homebuilders and Their Home Users

We have compiled a list of ten sustainability tips that can be easily implemented both in the home for your buyers, but also for you at work, to lighten the carbon load while saving money wherever possible.

New Myth-busting Report Paves the Way for UK Housebuilding Comeback

As the housing market continues to evolve, a new report from the Centre for Policy Studies has provided valuable insights for property developers in the United Kingdom.

Customer Care Resolutions for NHQB Compliance in 2023

With 2023's introduction of the NHQB, we've compiled a list of the five most important customer care resolutions you can make, to ensure you’re compliant with the new Code.

A Classic Folios Christmas Carol

Ethel Scrooge is visited by the Ghost of Customer Care Past, Present and Future!

A Classic Folios Christmas

We're all getting in the festive spirit - from trees and snow globes to Christmas markets and glittery luchadores!

The Day of 8 Billion – What Does It Mean for the Property Industry?

On 15th November 2022 humanity reached a significant milestone: a population of 8 billion. What impact will this have on the property industry?

A Classic Folios Christmas Playlist

Enjoy a mix of festive favourites that are sure to get the office excited for the holidays!

Celebrating Our Women in Construction

All the way from the entry level position employees through to the Chief Operating Officer, women are at the helm and making big decisions about the direction we steer the company.

Monthly Quiz Answers - September

How did you fare in this month's newsletter quiz?

Net Zero Carbon Buildings Standard Has a Leader and a Clear Mission

Former Chairman of UKGBC (UK Green Building Council) David Partridge brings his sustainable experience to the Governance Board for the Net Zero Carbon Standard, as claims of net zero carbon status are set to be regulated by the new initiative – the latest in a series of signs that the property industry is recognising that it is time for action.

London Property Was on the Rebound for Overseas Investors - Now It Could Be an Open Goal

London property is back in vogue amongst international investors, but how will this be impacted by the pound’s plummet and should developers gear up their marketing to overseas buyers?

Will Rising Rates Hinder Interest in Stamp Duty Cuts?

The mini-budget announcement will have piqued the interest of the property market, with the Stamp Duty Land Tax (SDLT) being permanently cut – but will it have the same impact as the SDLT Holiday in 2020, or have soaring interest rates already put a dampener on the announcement?

September Round-up - Interest Rates, Stamp Duty Cuts, Overseas Investment and Net Zero Carbon

The only certainty is uncertainty, as the mini budget has chaotic impact on the property market. Meanwhile, the UK's first Net Zero Carbon Buildings Standard looks to establish continuity and reliability for sustainable developers.

Monthly Quiz Answers - July

Who performed these home-based songs?

House Prices Rise but Slowdown Looms

Rightmove report shows increases across the board: Average prices up 9% - Number of sellers up 13% - Completion time up 50 days - So how do we achieve a harmonious market?

Bellway’s Future Home Could Be the Blueprint for Eco Living

Bellway has started work on the experience Future Home, being built in an environmental chamber that can replicate over 95% of the world’s climatic conditions.

July Round-up - Climate Change, Future Homes and Customer Care Culture

Soaring temperatures have prompted plenty of talk about climate change, while first time buyers continue to be outpriced. But there is reason for optimism!

Five Top Customer Care Tips for New Homebuilders

With 86% of buyers willing to pay more for a better customer experience, it has never been more important for homebuilders to deliver excellent customer care.

Monthly Quiz Answers - May

Name the TV shows these famous homes appeared in.

May Round-up - ESG, Net Zero and the Spaciable Spread

From ESG Conferences to the spread of PropTech, Managing Director David Graydon shares his thoughts on the key issues facing the property industry this month.

The Proof is in the Postcodes

As Spaciable sweeps the nation, we decided to map out all of the developments on our award-winning portal to show our reach from Elgin to Plymouth, and Donaghmore to Norwich (and everywhere in between)!

Five Key Takeaways From the Resi ESG Conference

The Resi ESG conference took place in London at the beginning of May. Here, we have outlined five of the most significant messages from the conference, supported by alarming statistics, showing that immediate action is needed from everyone involved.

Achieving Net Zero on Your Next Site

With so much talk of sustainability, pushing your ESG credentials and how the UK government wants to achieve net zero by 2050, now is the time to take action and make sure you’re paving the way for the future.

Monthly Quiz Answers - March

With the Oscars recently in the bag, can you name the films that starred these iconic houses?

Neighbours vs Coronation Street – Property Prices of Soap Streets Compared

Property platform Boomin has identified the soap with highest property price growth, as well as which resident stands the best chance of becoming a property mogul!

UK Property Market Continues to Defy Logic

Average UK house prices mark the fastest rising rate since 2007, with the year-on-year increase the highest in almost 40 years.

Rural Hotspots Are Getting Younger!

Forget Last of the Summer Wine – villages are competing to become First of the Summer Jäegerbombs, as homebuyers moving to rural areas are younger than a decade ago.

Homebuyers Prioritise Sustainability According to HBF Research

In the course of seven years, homebuyers’ priorities have changed from location to sustainability, with conscientious customers swotting up on EPCs.

Monthly Musings - March

Straight from MIPIM, Managing Director David Graydon shares his thoughts on the key issues facing the property industry this month.

How to Approach Climate Tech in the Office

As vital as it is to give home users the tools they need to make the most of the sustainable features in their home, it is equally important to practice what you preach, and ensure your offices are as efficient as the homes you build.

Monthly Quiz Answers

Check here to see how you fared in this month's brain teaser!

Monthly Musings

Managing Director David Graydon shares hot topics for the month ahead - from lorries to space houses!

Stop Hitting Snooze on Sustainability

After decades of hitting snooze on the wake-up call that is global warming, 2021 seemed to be the year we finally stretched our arms and rolled out of bed.

How Will Materials Shortages Affect 2022?

Effectively putting numerous projects on hold, the heightened interest in home improvement during the pandemic, a deficit of around 100,000 lorry drivers in the UK, increased labour rates and the continued impact of Brexit and COVID-19 on imports have met in a perfect storm of disruption, giving homebuilders costly headaches. But will it continue in 2022?

What Will Happen with PropTech in 2022?

Crunchbase has drawn on their data to highlight what PropTech trends we could see in 2022, helping developers and investors get ahead of the game.

In Space, No-one Can Hear You…Build?

Co-founder of SAGA, architect Sebastian Aristotelis has taken a starry-eyed approach to his profession, setting his sights on space architecture. But what are the logistics and can they be applied to more down-to-Earth projects?

Top 10 Highlights of 2021

While 2020 was full of uncertainty and angst, 2021 has given us more reason for optimism, and while it hasn’t always been plain sailing, it has produced many highlights – both from a business perspective and on a national scale.

Green Ambitions – Trendsetting Eco Buildings

The built environment could start to look a lot different over the next few decades, as a new era of architecture could be imminent. Take a look at some of the world's leading sustainable build projects.

Time to See the Light with Solar Panels

According to The Solar Trade Association, solar panels have been installed to approximately 900,000 British homes. But with so many benefits, developers should strive to install solar panels on every building – especially when building integrated solar panels can actually save on roof covering costs.

Healthy Eco Homes of the Future – How We Get There

With developers under unprecedented pressure to build sustainably, and many working towards net-zero targets, it can be tempting to prioritise this above all else.

Climate Change and Construction

Climate change is a term we hear regularly but to get to the heart of what we should be doing about it, we need to step back and remind ourselves what it actually means.

Government Allocate £57.8m to Councils for Brownfield Projects

The Government’s Department for Levelling Up, Housing and Communities (DLUHC) has allocated a share of £57.8 million from the Brownfield Land Release Fund to over 50 councils in a bid to prioritise building on previously developed land.

Absence Makes the Heart Grow Fonder – Overseas Buyers Return to London Ready to Spend

After a 16 month pandemic-enforced estrangement, overseas buyers have returned to London in a boost to the capital’s developers, with prices set to rise by 8% in prime central London next year.

The PropTech Inventions Reinventing Property

Royal Palm Companies CEO and founder Daniel Kodsi highlights four PropTechs that are currently changing the property industry and will continue to do so in the coming years.

Five Houses That Ooze Supernatural-Chic

They may not be much good for a decent night's sleep but these five houses feature some inspired design choices that could be due a renaissance in new builds.

Teching the Boxes for Young Homebuyers

“Phenomenal” video tours give Auction House food for thought on approach to technology coming out of the pandemic, as property industry finally realises the potential of PropTech to appeal to young homebuyers.

Large Developers Warned About Increasing Government Scrutiny

Derek Gemmell, Partner and Head of Construction and Property at Anderson Anderson & Brown (AAB), has criticised the lack of clarity around the proposed new Residential Property Developer Tax (RPDT) on large developers to raise funds to address unsafe cladding on existing buildings, while warning developers that they need to remain vigilant as new taxes, penalties and restrictions are introduced by the Government.

England to Lead the Charge for EV Points

New legislation is set to be introduced by the Government that will make it compulsory for all new build homes and offices to incorporate electric vehicle (EV) charging points that can automatically charge vehicles during off-peak windows, giving developers food for thought when it comes to making parking provisions for new developments.

Artistic Collective Forms Housing Co-operative in a Bid to Become London Homeowners

Artistic collective forms housing co-operative to buy the converted pub they rent. Is this the Gen-Z answer to the housing crisis or a flawed experiment?

Block Management Sector Code Set to Establish Best Practice For Managing Agents

RICS and The Property Ombudsman (TPO) have jointly launched a consultation on the Block Management Sector Code, as managing agents, homeowners and tenants are invited to give input on a series of standards and principles that are designed to improve professionalism within the sector.

From Investment to Adoption – PropTech is Now Driving the Industry Forward

The past few years has seen much written about the potential of PropTech and the significant investment in the development of technology. Now we are seeing the first signs of the property industry’s mentality towards technology having drastically changed. Data showing increases in investment is now data showing increases in adoption, as technology drives the industry into a new era.

Building Safety Bill Introduced in Parliament

Over three years since the Hackett report was published, the Building Safety Bill has been introduced in Parliament to kickstart reforms of how residential towers are built and managed, drawing a mixed reaction from the industry. Building owners who are non-compliant could face criminal prosecution, so action is needed and we can help. Read on to find out how the reforms will affect you, and how we can help you make the adjustment.

1 in 5 Sales Fell Through in Q2 Due to Buyer’s Remorse

Quick Move Now has reported that the fall-through rate in Q2 of 2021 peaked at 39%, making the year-to-date average 38%, with 22% citing attempts to negotiate a lower price or cold feet as the main reason, and 11% highlighting the slow progress of the sale. Daunting figures, no doubt, but don’t fear! Spaciable Legal – the latest addition to our award-winning portal – can reduce fall-throughs by 75%!

Post-Pandemic PropTech – It’s Here to Stay

PropTech received a surge in interest during periods of lockdown, as contactless solutions became essential. As we prepare for a return to ‘normality’, PropTech seems to have become part of the furniture, having usurped antiquated processes, subsequently winning over an initially resistant industry.

New Homes Quality Board Launch Consultation of New Code of Practice

The New Homes Quality Board (NHQB) has shared the details of its new Code of practice, which is designed to address the shortcomings of existing Consumer Codes and is open for public consultation. Find out when it is expected to come into play and how Classic Folios can help you make the transition by reading on.

Are Retirement Villages the Future of the High Street?

What is the key to resurrecting the High Street? More bars and restaurants? Leisure activities, such as crazy golf and trampoline parks? Or is it actually retirement homes? The Audley Nightingale Place is one of a number of retirement villages popping up in cities, where once stood shops and office blocks, and these types of accommodation could be vital to helping the High Street thrive once again

We are very excited to showcase our latest product.

In partnership with WeCOMPLETE, SPACIABLE LEGAL, which is a digital conveyancing tool that will revolutionise the conveyancing process and reduce fall-throughs by a whopping 75%.


Within the industry, we are all collectively aware of the pressure on the conveyance process which has increased by 12% last year due to the extremely high level of transactions in the housing sector over the past year. To digitalise, streamline and enable a faster sales process, at CLASSIC FOLIOS, we decided to create a new effective solution to relieve some of the strain that the housing market is facing in these challenging times.

Planning Reform Included in Queen’s Speech

The Queen’s Speech signalled a major shake-up of processes in the property industry, with ground rent and building safety reforms being somewhat overshadowed by the controversial Planning Bill, set to modernise the planning process. But not everyone is on board.

Land Ahoy! Developers Competing for Limited Residential Land Supply

A shortage of land has led to developers getting increasingly competitive for medium and large scale schemes, with a number of developers citing the availability of land as the most pressing issue for the next quarter.

Stamp Duty Holiday: An Alternative Take

Knight Frank highlights data from OnTheMarket that shows a 30% rise in properties going under offer in England and Wales in March, compared to the same month in 2020; however, the smallest increase seems to come from those with the most to gain

More, More, Mor(tgage)

Financial Reporter has highlighted figures from Twenty7Tec that show a 26.7% increase in searches for standard residential mortgages, between February and March, offering more evidence of a strong post-pandemic market.

Energy Efficiency Figures Show Two Sides of the Coin

Inside Housing has reported that between October and December last year, 84% of new builds in England and 87% in Wales, received an energy efficiency rating of A or B – the two highest grades, while only 3% of existing buildings in England had a rating of B, showing the chasm between new builds and those predating energy efficiency regulations

Record-breaking Bitcoin Investment to Help Blockchain Become Blockbuster

Dubai-based Khurram Shroff, chairman of IBC Group, has invested 100,000 Bitcoin (currently worth an eye-watering $4.8 billion) to create the Miami 2.0 Blockchain Strategy Foundation, among other joint ventures, marking the biggest Bitcoin investment in history.

Trees to Grow Out of Concrete Jungle

Eindhoven social housing development blooms with vertical forest, just one of the project’s numerous sustainable features, setting a new standard for affordable housing.

Rightmove Report 9 Million Reasons for Optimism

Home Tours Go Viral

London-based property developer, Avanton, embraces Tik Tok to market apartments to a new generation of buyers.

New Home Quality Board to Set New Standards for Housebuilders

The New Homes Quality Board (NHQB) has been launched to introduce a new code of practice on how “homes are built and sold and how customers are treated”. So, what does this mean for the Consumer Code for Home Builders?

The Wonderful Wizard of Conveyancing

The conveyancing stage can be frustrating for buyers at the best of times, largely due to the work seemingly being conducted by a mysterious wizard behind a giant curtain, such is the lack of transparency. With some buyers waiting up to 40 days for local searches to be carried out and conveyancing costs doubling, Spaciable Legal pulls down the curtain to give buyers real-time updates and speed up the process.

How Great Customer Service Can Save You Time and Money

Improving your customer service is one of the most impactful ways to save time and money, while enhancing your market position. There are a number of ways to do this and we can show you how.

Proptech Set to Shine in 2021

PropertyMe has collated Proptech predictions for 2021 from five experts, noting that with Proptech start-ups benefiting from over $43 billion in funding since 2012, it could be set for a defining year. So, how can Proptech kickstart a tumultuous decade?

The UK Still Has (Post-) Brex Appeal

Even after a tumultuous year, research by DLA Piper suggests the UK is the global hotspot for overseas property investment. But does this help or hinder the local market, and could it price out first-time buyers?

The Great Migration

The living nightmare that was 2020 saw people (sometimes literally) running for the hills, with Londoners leaving the hustle and bustle, in favour of open spaces. New figures from Hamptons and Rightmove help us identify where people are moving to en masse, and which regions and towns developers may want to keep a close eye on.

The Season for Giving

London and Home Counties-based developer Fairview New Homes pledges to donate £10,000 to buyers’ chosen charities when reserving a home at the Welcombe House Collection.

2020’s Lockdown and 2021’s Bounce Back

MakeUrMove has recently published a report on the changing needs of tenants in the wake of the pandemic. While the report focuses on rented accommodation, many of its findings can be applied to the property industry as a whole, giving insight into what can be expected in the coming months and years

Help to Buy 2.0 Open for Business

First-time buyers can now apply for the new Help to Buy: Equity Loan scheme, to get on the property ladder with a new-build home, with the new scheme building on recent Government efforts to create more homeowners.

How to Add Value to Your Homes

What are the biggest turn-ons and turn-offs when it comes to home design? Hammonds Furniture has delved into the question of what adds value to a home and revealed some interesting results.

GoodBuy Generation Rent

Boris Johnson has elaborated on his plan to create new homeowners through long-term fixed-rate mortgages, as first proposed in last November’s Conservative election manifesto, in a bid to change ‘Generation Rent’ to ‘Generation Buy’.

Protection from Paint

Usually when we are thinking of decorating our homes, we pick up paint swatches from our DIY store, so we can decide between various shades of the same basic colour, all with names like ‘Emerald Blanket’ and ‘Lizard’s Tail’. Now, we may start selecting our wall paint based on its health benefits.

How Ethical is Ethical Investing?

Home REIT, a real estate investment trust, is planning to let accommodation on 20-30 year leases to charities, housing associations and other regulated organisations that receive housing benefit from the local or central government to provide accommodation for the homeless, while aiming to provide a return of 7.5% per annum to investors over the medium term.

The City of Tomorrow

Cities have changed and adapted throughout history, though for many of us, probably not a great deal in our personal experience, save for some beloved chains leaving (RIP Woolworths). But the high street has long been suffering from the popularity of online retail and the current pandemic landed some even heavier blows, forcing a reevaluation of how cities can benefit us and vice versa.

Pandemic Makes PropTech Impossible to Ignore

Just as FinTech companies cashed in on the uncertainty, distrust and anger at established financial systems in the wake of the 2007-08 crisis, PropTech companies could be set for a similar redefining role in the post-COVID property industry.‍

We find ourselves in a defining moment for urban transport.

With the government greenlighting rented electric scooter trials ahead of schedule, we may be taking the first steps towards the electric vehicle revolution sooner than expected.