This episode of The Business Magazine Property Podcast, hosted by Stephen Emerson - Managing Editor of The Business Magazine - explores the current state and outlook of the South Coast property market. 

Our industry experts discussing key trends, challenges, and opportunities in both residential and commercial sectors and include: 

• Ben Arnold - Land and Planning Director at Pennyfarthing Homes 

• James Brounger - Head of Office for CBRE in Southampton 

• Adam Tovey - Director at MSP Capital 

Key points: 

1. Market challenges: Affordability issues for first-time buyers, rising interest rates, and increased build costs are impacting the property market. 

2. Growth opportunities: Build-to-rent, bungalows, and high-quality developments with ample open spaces are seeing increased demand. 

3. Commercial property trends: ESG credentials, higher specification offices, and pre-letting arrangements are becoming more prevalent. 

4. COVID-19 impact: The pandemic has accelerated changes in office space requirements and work patterns, with a renewed focus on in-office collaboration. 

5. Planning system: Experts suggest moving planning decisions outside of political influence to streamline the process and increase housing delivery. 

6. Future predictions: Despite current challenges, house prices are expected to rise significantly over the next five years, driven by supply shortages and potential interest rate cuts. 

7. Emerging trends: Build-to-rent for family homes, increased involvement of housing associations, and new government incentives for first-time buyers are anticipated to shape the market. 

This insightful discussion provides valuable perspectives for property professionals, investors, and anyone interested in the evolving South Coast property landscape. 

#SouthCoastProperty #PropertyMarketTrends #UKRealEstate #PropertyInvestment #CommercialProperty #ResidentialDevelopment #PropertyPodcast

In this episode of The Business Magazine Property Podcast, our Managing Editor, Stephen Emerson, delves into the property auction market of 2024 with three industry experts: Richard Auterac (Chairman and Auctioneer at Acuitus), James Emson (Managing Director at Clive Emson Auctioneers), and Arian Manouchehri (Head of Broker Relations at MSP Capital).

They share valuable insights on current market trends, the impact of online auctions, and strategies for buyers to succeed in the competitive auction landscape.

Key takeaways:

1. The 2024 auction market has seen a solid start, with more buyers than sellers, and a focus on correctly priced properties.
2. Online auctions have revolutionized the industry, increasing accessibility and expanding the buyer base significantly.
3. Local knowledge is crucial for both auctioneers and buyers to make informed decisions and maximize returns.
4. Properties requiring work or offering unique features often perform well at auctions, attracting a diverse range of buyers.
5. Bridging loans can help buyers leverage their capital, enabling them to take on multiple opportunities simultaneously.
6. Due diligence, including legal title checks and financial planning, is essential for buyers to mitigate risks associated with auction purchases.

Join us as we explore the dynamic world of property auctions and learn how to navigate this exciting market from the experts themselves.

Don't miss out on these valuable insights that could help you secure your next property investment!

Connect with the Guests:

Stephen Emerson - LinkedIn
The Business Magazine - Website - LinkedIn

Richard Auterac - LinkedIn
Acuitus Auctions - Website - LinkedIn

James Emson -LinkedIn
Clive Emson Auctioneers - Website - LinkedIn

Arian Manouchehri - LinkedIn
MSP Capital Ltd - Website- LinkedIn

You can watch this episode here: https://youtu.be/kSudf7v7Z4Q 

In this episode of The Property Podcast, Stephen Emerson of The Business Magazine is joined by real estate finance expert Lee Merrifield from MSP Capital who are specialists in development finance, Iain Delaney the CEO of housing developer Captiva Homes, and David Thomas from Vail Williams focusing on energy and sustainability.

The episode is a discussion covering: 

Increasingly stringent building regulations are pushing housebuilders towards net zero homes, though the industry has historically been resistant to added regulation.

Biodiversity Net Gain regulations are now factoring into land deals, with the preference being to deliver the 10% gain on-site rather than offsetting.
Challenges include the array of technology options, supply issues, and balancing sustainability with profitability for SME developers.

Lenders are starting to require minimum EPC ratings and factor sustainability into funding criteria.

For SMEs, the added costs of sustainable tech can impact scheme viability and access to funds.

Currently, sustainable features largely just allow developers to recover the incremental costs rather than boost profits.

However, there is an expectation that over time homes with lower operating costs will improve mortgage affordability assessments.

Local authorities often lead on sustainable office refurbishments.

Notable sustainable residential projects mentioned include Wellborne Garden Village and its water source heat pumps.

Successful commercial examples are Lakeside North Harbour in Portsmouth and the Reading International Building campus refurb.

There is increasing prioritization of mental/physical health amenities like gyms, outdoor space, air quality.

This enhances productivity, staff retention and commands rent premiums.

Minimum commercial EPC standards, green leases, and climate risk planning on the horizon.

In residential, the Future Homes Standard in 2025, grid decarbonization, and battery storage will drive change.

Overall, sustainability criteria will become more embedded in funding sources.

Connect with the panel:

Stephen Emerson -  https://www.linkedin.com/in/stephen-emerson-b176a912/   - https://thebusinessmagazine.co.uk

Lee Merrifield -  https://www.linkedin.com/in/lee-merrifield-27ba1281/   - https://mspcapital.co.uk/ 

David Thomas - https://www.linkedin.com/in/david-thomas42/ - https://vailwilliams.com

Iain Delaney - https://www.linkedin.com/in/iain-delaney-91471b80/ - https://captivahomes.co.uk

In this episode, Stephen Emerson of The Business Magazine is joined by real estate finance expert Lee Merrifield of MSP Capital, property surveyor Nicola King of Wellington King Chartered Surveyors, and commercial real estate lawyer David Fanchi of Lester Aldridge Solicitors. 

The discussion focuses on navigating the current swollen property market conditions. Key points covered include:

- Reasons for cautious optimism as interest rates and inflation are expected to decline later in 2023, improving liquidity.

- Risks from geopolitical instability, economic uncertainty, and potential overreaction/self-fulfilling prophecies about recessions. 

- Advice for developers stuck with unsold properties, including exploring equity release options and open communication with lenders/professionals.

- Importance of developers clearly identifying their target buyer and having a marketing strategy from the outset.

- Common pitfalls like unrealistic construction budgets and failure to account for rising costs.  

- Qualities of successful developers who remain realistic, take professional advice, and adapt to changing market conditions.

- Outlook for 2024 depending on factors like the UK election, potential planning reforms, and continuation of sustainability trends.

The guests share their motivations around helping people through complex property transactions and playing a role in completed developments.

If you are listening on Spotify, please do leave your thoughts, or questions, in the comments section.

Discover the latest insights from leading figures in the South of England's property industry with our inaugural episode of The Business Magazine Property Podcast, in partnership with MSP Capital.

This episode, with Stephen Emerson of The Business Magazine, delves into the evolving landscape of the property market in the South of England, highlighting some of the challenges and opportunities that lie ahead in 2024 through the expert lens of our distinguished guests:
- Adam Tovey of MSP Capital,
- Nigel Price of Goadsby, and
- James Kidner of Trethowans

The episode includes:
- Discussion of the impact of remote work and trends in the south coast's property market, including a shift in buyer demographics and increasing demand for coastal living.
- Analysis of the current funding landscape for property development, with a focus on the importance of the right project and location for securing capital.
- Examination of the pressures facing the industry, particularly in planning and development, and the impact of government policies on the rental market and housing availability.
- Exploration of future trends and predictions for the property market in 2024, including the potential effects of interest rate changes and the upcoming election on market stability and development opportunities.
- Personal reflections from the speakers on what excites them about the future of the property market and their professional aspirations for the year.

For more updates and insights from the property industry across the south, visit The Business Magazine Property website.

For the video version of this episode, watch on YouTube: @TheBusinessMagazineProperty

Remember to subscribe to this channel for monthly episodes that bring fresh perspectives and valuable information on the property market in the South of England.

Connect with the panel on LinkedIn:
- Stephen Emerson
- Adam Tovey
- James Kidner

In this short podcast we introduce you to the host and Managing Editor of The Business Magazine, Stephen Emerson, and explain what you can expect each month as we deliver a fresh look into the property market across the south of England.

The monthly podcast, on this channel, will be delivered in partnership with MSP Capital and launches on 15 February 2024.

Subscribe to the channel listen.