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Home Counties Housebuilder’s Market Predictions For 2022

Posted 10 December 2021 by Keith Osborne

Dean Markall of Martin Grant Homes shares his thoughts on how the property market will perform in 2022...

Dean Markall, sales and marketing director at Martin Grant Homes, which builds new homes at developments around the Home Counties and East Midlands, has shared his predictions for the property market next year.

He said: “2021 has been the sequel to a truly unpredictable 2020, and while it seems ludicrous to even try to predict what 2022 may bring, there are some growing hints that we may still see struggles yet. While we treacherously coin phrases like post-pandemic and return to normality, the industry is facing even wider challenges – not least a shortage in materials across the board which may stunt the industry’s attempts to build the volume of new homes needed.

“2022 will also see the beginning of Help to Buy’s shutdown, a scheme so successful that it has propped up the housing market since its inception. There is no doubt we will see a ricochet effect across the country as the rug is pulled out from underneath us, although hopefully the introduction of schemes such as Deposit Unlock and access to 95% mortgages will minimise any impacts.

“However, it’s not all doom and gloom as we have also seen new hotspots emerge across the country, with the East Midlands performing exceptionally well and experiencing its very own boom this year. Northampton in particular is a hidden gem in the Midlands, and with no dominant second homes market, prices are generally within budget for local first-time buyers and second steppers alike. No longer is London the centre of the housing market, instead I suspect we will see new powerhouses form in 2022.”

Buckton FieldsBuckton Fields

Buckton Fields, located just outside of Northampton, offers buyers a range of two-, three- and four-bedroom homes, ideal for first time buyers and young families. The latest phase of four-bedroom homes have features such as traditional brick facades, landscaped front gardens and generous rear gardens. Each home will also benefit from its own private garage and a contemporary fitted kitchen with integrated appliances.

Once complete, the overall Buckton Fields scheme will offer a range of facilities including its own primary school (launched in September this year), convenience shops and services, open parkland and play spaces.

Ideal for commuters, Northampton railway station is just a few miles from Buckton Fields West and offers direct services to London Euston in as little as 46 minutes, while Milton Keynes and Coventry are just 13 and 29 minutes away respectively by rail.

Prices start from £250,000 for a two-bedroom home. There’s currently an offer where buyers will receive £10,000 towards their deposit when they reserve selected four-bedroom homes! Find out more at www.martingranthomes.co.uk.

 

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