<p>The podcast series where property meets people.</p>

<h1>devcast</h1>

<p>Sign up to receive our full <a href="https://bit.ly/4jaJc61">Salary Guide &amp; Trends Report 2025 here.</a></p>
<h1>&nbsp;</h1>
<h1>Explore the evolving landscape of salaries in the real estate sector, examining how compensation has shifted over the past year and what the future might hold.&nbsp;</h1>
<p>Our expert panel discusses the premium skills driving higher compensation, strategies for talent acquisition and retention, and the impact of global talent movement on the UK market.<br><br>The panel includes:</p>
<ul type="disc">
<li class="li1">Andrew Deverell-Smith - CEO and Founder of deverellsmith &amp; Hintel</li>
<li class="li1">Georgia Zambakides - Executive Director</li>
<li class="li1">Chris Litras - Director, Investment, Development &amp; Construction</li>
<li class="li1">Ryan Doyle - Senior Business Development Manager, Estate Agency<span class="apple-converted-space">&nbsp;</span></li>
</ul>
<h2><span class="apple-converted-space">Key discussion points</span></h2>
<h3><span class="apple-converted-space">Current salary trends</span></h3>
<p><span class="apple-converted-space">Our discussion begins with an assessment of whether salaries have increased, decreased, or remained stagnant over the past 12 months. We analyse how these changes differ across entry-level, mid-level, and senior positions within the real estate industry. The conversation covers the influence of reduced bonus payouts on total compensation packages and examines candidates' willingness to accept lower salaries when changing positions in the current market.</span></p>
<h3 class="text-lg font-bold text-text-100 mt-1 -mb-1.5">Premium Skills in Today's Market</h3>
<p class="whitespace-pre-wrap break-words">The landscape of valuable skills continues to evolve rapidly. Since 2016, 25% of job skills have already transformed, with another 65% projected to change by 2030. Our experts highlight the fastest-growing skills that command premium compensation in today's market: creativity, advanced IT and programming, scientific research and development, advanced communication, and negotiation skills. We explore real-world examples of how professionals with these skills are securing higher salaries and bonuses across the real estate sector.</p>
<h3 class="text-lg font-bold text-text-100 mt-1 -mb-1.5">Recruitment and Retention Strategies</h3>
<p class="whitespace-pre-wrap break-words">Recent National Insurance increases have created new challenges for hiring and retention. Our panel examines how these changes, along with the Renters Reform Act, are reshaping the real estate business landscape. We compare salary benchmarks across related industries and offer targeted advice for hiring managers looking to scale their businesses while remaining competitive in compensation. The discussion identifies the most significant recruitment challenges facing the sector and explores the bonus structures and long-term incentives being deployed to retain top talent.</p>
<h3 class="text-lg font-bold text-text-100 mt-1 -mb-1.5">The Hybrid Work Revolution</h3>
<p class="whitespace-pre-wrap break-words">Remote and hybrid work arrangements continue to reshape compensation structures throughout the industry. Our experts discuss regional salary differentials and their evolution in a more location-flexible workforce. The conversation provides valuable strategies for negotiating compensation in this new work paradigm, with insights relevant to both employers and employees.</p>
<h3 class="text-lg font-bold text-text-100 mt-1 -mb-1.5">Industry Attractiveness and Talent Development</h3>
<p class="whitespace-pre-wrap break-words">With 69% of employers concerned about losing staff over lower pay, our panel addresses strategies for attracting and retaining high-quality talent beyond salary considerations. We explore approaches for making real estate more appealing to entry-level candidates and recent graduates, particularly in light of graduates struggling to find jobs in their studied fields. Our experts identify untapped opportunities for bringing fresh talent into the industry.</p>
<h3 class="text-lg font-bold text-text-100 mt-1 -mb-1.5">Global Talent Movement</h3>
<p class="whitespace-pre-wrap break-words">The podcast examines international talent movement patterns, particularly the flow from the UK to UAE and Saudi Arabia. We analyze the impact of these migration trends on domestic wage structures and discuss strategies for competing in an increasingly global talent marketplace. Our panel shares insights on how these shifts are influencing compensation decisions across different segments of the real estate sector.</p>
<h3 class="text-lg font-bold text-text-100 mt-1 -mb-1.5">Future Outlook</h3>
<p class="whitespace-pre-wrap break-words">In our forward-looking segment, we present projections for salary trends over the next 12 months and discuss legislative changes that may impact sales and hiring practices in real estate. Our experts highlight growth opportunities in specific areas of the sector and offer forecasts on which segments of the industry will see the most significant compensation changes in the coming year.</p>
<h2 class="text-xl font-bold text-text-100 mt-1 -mb-0.5">Closing Thoughts</h2>
<p class="whitespace-pre-wrap break-words">Our experts conclude with their predictions on whether salaries will increase, decrease, or remain stable in the coming year, providing valuable insights for both employers and job seekers in the real estate industry.</p>

A deep dive into the Salary Guide & Trends Report 2025 

<h1 data-start="110" data-end="336">At the 10th edition of&nbsp;<em data-start="133" data-end="156">Banking on the Future</em>, top property industry leaders gathered to discuss the state of the UK housing market...</h1>
<p data-start="110" data-end="336">&nbsp;</p>
<p data-start="338" data-end="377">Listen and watch now or read a snippet below.</p>
<h4 data-start="338" data-end="377">Overcoming housing supply&nbsp;</h4>
<p data-start="378" data-end="747">With a government target of 1.5 million new homes, experts highlighted significant obstacles, including a 40% drop in housing output and a decline in first-time buyers due to limited mortgage options. In London, construction starts are down 70% from the 10-year average, but industry leaders remain optimistic that policy changes and collaboration can drive recovery.</p>
<h4 data-start="749" data-end="791">Keeping London competitive</h4>
<p data-start="792" data-end="1025">London&rsquo;s ability to attract high-net-worth individuals and businesses is key to its growth. Experts stressed the need for tax incentives, business-friendly policies, and AI-driven innovation to keep London a top global destination.</p>
<h4 data-start="1027" data-end="1064">Bridging the affordability gap</h4>
<p data-start="1065" data-end="1345">With rising costs limiting affordable housing development, experts called for more efficient government funding, mortgage accessibility, and policy updates to help middle-income buyers. Supporting smaller developers and simplifying regulations were highlighted as key solutions.</p>
<h4 data-start="1347" data-end="1370">The path forward</h4>
<p data-start="1371" data-end="1622">Despite challenges, the outlook for London remains strong. Industry leaders emphasised the need for immediate, practical action to ensure the housing market thrives for all. As one expert put it: <em data-start="1567" data-end="1620">&ldquo;The time for discussion is over&mdash;it&rsquo;s time to act.&rdquo;</em></p>

Banking on the Future 10: Real Estate in 2025 - challenges, solutions & what’s coming next

<h1>What happens when two forward-thinking entrepreneurs decide to shake things up?</h1>
<p>That&rsquo;s exactly what Jonathan Brandling-Harris and Richard Bryce, Co-founders of House Collective are doing.</p>
<p align="start">In the latest episode of devcast&hellip;, Ryan Doyle - Senior Business Development Manager at deverellsmith sat down with the pair to explore their fresh take on estate agency, their B-Corp status, and their commitment to putting people first.</p>
<p align="start">Read a snippet from the podcast below&hellip;</p>
<h3 align="start"><strong>From rugby fields to real estate</strong></h3>
<p align="start">Jonathan has had quite the journey - starting in professional rugby before transitioning into the corporate real estate world. Reflecting on his career shift, he acknowledges that the structured, high-pressure culture of traditional agencies didn&rsquo;t quite align with his vision. Instead, he and Richard sought to create a space where agents could thrive in an environment built on autonomy, collaboration, and ethical responsibility.</p>
<h3 align="start"><strong>What sets House Collective apart?</strong></h3>
<p align="start">Their philosophy is simple: slow down, focus on quality over quantity, and put clients&rsquo; needs first. House Collective prioritises a more curated approach. By ensuring that agents handle fewer properties at a time, they can provide a more personalised and attentive service to their clients.</p>
<p align="start">But what truly makes House Collective unique is its dual-discipline model. Unlike traditional firms that separate sales and lettings into two distinct roles, House Collective encourages its agents to be proficient in both. This not only provides agents with more career opportunities but also ensures that clients receive a seamless experience, whether they are buying, selling, or renting.</p>
<h3 align="start"><strong>A commitment to ethics: Achieving B-Corp status</strong></h3>
<p align="start">One of House Collectives' standout achievements is their B-Corp certification. Achieving this wasn't easy for Richard and Jonathan, it was a rigorous process that demanded transparency, sustainability, and ethical business practices. But, for House Collective, it wasn&rsquo;t about checking a box; it was about solidifying their values and setting a new standard for estate agencies.</p>

House Collective: A new era for estate agencies 

<h1>Our guest in this episode of devcast&hellip; is Parul Scampion, Principal and COO of Fruition Properties.</h1>
<p>For over 20 years, Parul has played a pivotal role in the success of Fruition Properties, taking on diverse responsibilities across the organisation. She has been instrumental in driving the company&rsquo;s growth, particularly overseeing its Finance and Planning functions, while shaping its strategic direction.</p>
<p>Before joining Fruition Properties, Parul worked as a financial analyst and management consultant at a leading Big Four professional services firm. She is a qualified chartered accountant and holds a BA from New College, Oxford, as well as an MSc from the London School of Economics.</p>
<p>Read a snippet from the podcast below!</p>
<h3><strong>A non-traditional route into property</strong></h3>
<p>Parul began her career studying politics and working in the public sector, where she qualified as an accountant. Seeking a faster-paced environment, she transitioned into management consultancy, spending six years tackling challenges for large organisations and travelling extensively.</p>
<p>After starting a family, Parul sought a better work-life balance. At that time, her brother had just launched Fruition Properties and completed its first construction project. He invited her to join the business to support its operations and systems. Two decades later, Parul remains vital to the company&rsquo;s success and growth.</p>
<h3><strong>Advice for starting your career in property</strong></h3>
<p>We asked Parul what advice she would give to someone considering taking a leap of faith into the property industry. Her response? &ldquo;Say yes.&rdquo; She encourages embracing opportunities, even if they seem daunting at first. Parul advises focusing on discovering what you excel at and using that as a foundation to build your career.</p>
<p>She believes that each job presents an opportunity to learn more about what you enjoy and what might not be the best fit for you. There&rsquo;s immense value in exploring diverse roles and experiences until you find an environment that feels like home&mdash;a place where you can truly grow and develop your skills. By remaining open to possibilities and trusting the process, you can carve out a fulfilling path in the property industry.</p>

Parul Scampion: Shaping the award-winning SME Developer Fruition Properties

<h1>Our guest in this episode of devcast&hellip; is Tom Venner - Chief Development Officer at the Canary Wharf Group.</h1>
<p align="start">Tom joined Canary Wharf Group (CWG) in July 2022 and oversees the delivery of the Group's development pipeline, which includes major projects at North Quay and Wood Wharf. These developments will bring new homes, hotels, retail, and commercial spaces to Canary Wharf, along with a life sciences campus for London. Additionally, Tom&rsquo;s team manages the final phase of the Shell Centre redevelopment in partnership with Qatari Diar.</p>
<p align="start">Read a snippet from the podcast below.</p>
<h3 align="start"><strong>Back to the beginning</strong></h3>
<p align="start">This podcast episode features the journey of Tom, a chartered surveyor who started his career right after earning his degree from Reading University. He began in consultancy with Montagu Evans, where he quickly honed his skills and gained diverse experience working with high-profile clients, including Landsec and British Land.</p>
<p align="start">A pivotal moment came when a client from Landsec invited him to join their team. Recognising a rare opportunity, Tom took the leap and joined Landsec in 2007. His early years there were filled with excitement, as he worked on designing and developing shopping centres during a vibrant period for retail. However, the global financial crisis soon transformed the landscape, presenting new challenges and shifting his focus. Landsec asked him to step into asset management, refilling and revitalising vacant shopping centres, and ultimately preparing them for sale. Tom embraced this unexpected role, which took him to places he hadn&rsquo;t yet explored and left him with lasting memories.</p>
<p align="start">A few years later, as the market stabilised, Tom returned to Landsec&rsquo;s London development team. This marked a transformative phase, as he contributed to the regeneration of Victoria, helping to open up spaces and modernise buildings from the 1950s. Reflecting on this time, Tom shares invaluable lessons learned and fond memories from working with talented people, who shaped both his career and his enduring passion for urban development.</p>
<h3 align="start">​</h3>
<h3 align="start"><strong>Why Tom joined the visionaries behind Canary Wharf&rsquo;s transformation</strong></h3>
<p align="start">Tom shares his long-standing admiration for Canary Wharf Group, noting how remarkable it is for a development to reach such maturity in just 30-35 years. For a property professional, witnessing Canary Wharf&rsquo;s transformation&mdash;from empty land to the vibrant, iconic hub it is today&mdash;is nothing short of extraordinary.</p>
<p align="start">What ultimately drew Tom to join the Canary Wharf Group was the people. He reflects on how every individual he met at the organisation left a lasting impression, inspiring him with their talent and vision. Working alongside such an impressive team has been a defining part of his journey, fueling his excitement and commitment to Canary Wharf&rsquo;s future.</p>
<p align="start">​</p>
<h3 align="start"><strong>Defining excellence and building a team inspired by CEO Shobi Khan</strong></h3>
<p align="start">Tom reflects on a piece of advice from CEO Shobi Khan that left a lasting impact:&nbsp;<em>"Only hire people you think are exceptional."</em>&nbsp;Khan emphasised the importance of not settling for quick hires, but rather holding out for those who truly stand out.</p>
<p align="start">This principle leads to a key question:&nbsp;<em>What defines &lsquo;exceptional&rsquo;?</em> Tom shares the qualities he seeks in top talent. First, he values natural enthusiasm&mdash;people who are genuinely passionate about their work tend to excel and thrive in their roles. Another vital quality is clear commercial acumen. In a field focused on both design and profitability, Tom looks for individuals who can balance creativity with a sharp business sense, envisioning solutions that ensure both aesthetic and financial success. This instinctive ability to navigate challenges while keeping a commercial lens is something he prizes highly in his team.</p>

Tom Venner: From the ground up at the Canary Wharf Group

<h1>Our guest in this episode of devcast&hellip; is David Young - an acclaimed sports psychologist with an impressive career working with England Cricket and a top Premier League club.</h1>
<p>Hosted by Andrew Deverell-Smith, Global CEO and founder of deverellsmith &amp; Hintel, David shares his journey into the world of sports psychology, revealing how he built his career and became a spotlight-accredited practitioner with Mindflick. Through his work, David has helped organisations, including Hintel and the deverellsmith group, enhance leadership and team dynamics by mapping leadership profiles and leveraging strengths for maximum performance.</p>
<h3>How can businesses within the property industry create high-performing teams?</h3>
<p>During the conversation, David delves into the critical elements of creating high-performance teams. He explores how understanding group dynamics, leveraging strengths, and balancing challenge and support can transform ordinary groups into exceptional teams.</p>

David Young: How to build high-performance

<h1 align="left">A new lease of life...</h1>
<p>Welcome to a new lease of life, a sub-series of the devcast&hellip; podcast, where you&rsquo;ll be learning how experts of the Build to Rent, PRS, student accommodation and retirement living sectors climbed the ladder of their professions.</p>
<p class="MsoNormal" align="left">Hosted by Nick Hammond, Head of Build to Rent at deverellsmith, our guest in the studio this episode is Nicola Fleet-Milne, CEO of FleetMilne.</p>
<p align="left">Nicola is the owner of a renowned and award-winning estate agency nestled in the vibrant Colmore BID district. Since establishing the company in 2004, Nicola has steered the company to prominence, earning it a respected reputation as one of Birmingham's premier residential agencies.</p>
<p align="left">She shares her inspiring journey to success, her commitment to the Colmore BID and what plans she has for the upcoming year.</p>

Nicola Fleet-Milne: Pushing the boundaries of luxury hospitality

<h2>Our guest in this episode of devcast&hellip; is Nick Cuff - Chief Commerical Officer at Pocket Living, an organisation working hard to get middle-earning Londoners onto the property ladder.</h2>
<p>&nbsp;</p>
<p>Nick&rsquo;s vision and expertise have been pivotal in revolutionising the way we think about affordable housing and sustainable living in urban environments. He was one of the driving forces in one of the most innovative businesses within the industry Pocket Living. As the Chief Commerical Officer, he&rsquo;s been instrumental in crafting strategies that marry functionality, sustainability and community engagement.</p>
<p>Hosted by Andrew Deverell-Smith, Global CEO and founder of deverellsmith &amp; Hintel, listen as they dive into Nick&rsquo;s back-to-front way of getting into the property market, how he came to work at Pocket Living, his favourite parts of his career so far and the challenges he finds with regarding the politics of the property industry.</p>

Nick Cuff: The politics of UK housing

<h2>Our guest in this episode of devcast&hellip; is Anna Kear &ndash; CEO of Tonic Housing, a community-led, pioneering organisation, creating the first LGBTQ+ affirming retirement community in the UK.</h2>
<p>&nbsp;</p>
<p>Hosted by Andrew Deverell-Smith, Global CEO and founder of deverellsmith &amp; Hintel, listen as they dive into Anna&rsquo;s experience beginning her career within homeless accommodations, the challenges she faced, and how this led to her to steering Tonic housing towards remarkable successes, pushing boundaries, breaking down barriers along the way.&nbsp;</p>
<p>Read below a snippet of Anna&rsquo;s story or watch the full podcast below.&nbsp;</p>
<p>​</p>
<h3><strong>Home economics to housing communities</strong><strong>&hellip;</strong></h3>
<p>Anna discovered her passion for housing during her home economics studies. During her job search, she became inspired by a position focusing on homeless accommodation&mdash;a place designed to aid individuals in transitioning from the streets to more permanent housing, providing a supportive environment for up to a year. At a mere 21 years old, this position challenged her, reshaping her perspective on housing as more than just bricks and mortar; it became intricately tied to people&rsquo;s experiences. Many who sought refuge in the accommodation grappled with substance abuse, mental health struggles, and the trauma of homelessness. Understanding this holistic view became a crucial lesson for Anna.</p>
<h3>Prevention over reaction</h3>
<p>Subsequently, she transitioned into the role of a homelessness officer during the late 80&rsquo;s, a period rife with mortgage repossessions. Anna worked to expand temporary accommodation while maintaining a keen focus on the human aspect of this crisis. Within 2 years, she proposed a transformative paper aimed at restructuring the system. Her vision aimed to pivot from a reactive service to a homelessness prevention initiative, aiming to intervene earlier in the process to avert the anguish of homelessness.</p>
<p>​</p>
<h3><strong>Creating retirement communities for all</strong><strong>&hellip;</strong></h3>
<p>Having garnered extensive experience across almost every facet of the housing industry, Anna delved into the story behind Tonic Housing. The idea was a concept of Tonic&rsquo;s Founders and board members, sparked from their own life experiences and questions around the choices available to them regarding housing as an elderly member of the LGBTQ+ community. From this, they observed a notable absence of inclusive choices in the housing market, spurring them to offer secure alternatives. Their passion was driven by the aspiration to create a haven where individuals could not only embrace their LGBTQ+ identity but also find solace among like-minded individuals who truly understood their journey.</p>

Anna Kear: Creating the first LBTQ+ affirming retirement community 

<h2 align="left"><strong>Our guest in this episode of devcast... is Sotheby&rsquo;s giant, George Azar &ndash; Chairman &amp; CEO of Sotheby&rsquo;s International Realty (UK &amp; Dubai).</strong></h2>
<p class="Paragraph SCXW54637995 BCX0" align="left">Hosted by Andrew Deverell-Smith, Global CEO &amp; Founder of deverellsmith &amp; Hintel, listen as they delve into how George mastered banking and transitioned that success into running arguably one of the most lucrative estate agency businesses on the planet.&nbsp;&nbsp;​</p>
<p class="Paragraph SCXW54637995 BCX0" align="left">George&rsquo;s unwavering belief in positivity fuels his success as a standout entrepreneur, pivotal in elevating Dubai&rsquo;s global status and his reputation as one of the top entrepreneurs in his market.&nbsp;&nbsp;​</p>
<p class="Paragraph SCXW54637995 BCX0" align="left">Read below a snippet of what George shared or watch the full podcast below.&nbsp;</p>
<p align="left">​</p>
<h3 class="Paragraph SCXW54637995 BCX0" align="left">How George Azar made his name in Dubai real estate&hellip;</h3>
<p class="Paragraph SCXW54637995 BCX0" align="left">In Dubai, George gained prominence at Union BancairePriv&eacute;e, a major family-owned bank. Over 14 years, he astoundingly grew the business from $60 million to $5 billion. His success lay in securing capital from major sovereigns, banks, treasuries, and large family offices, solidifying his position in the Middle Eastern finance arena.&nbsp;&nbsp;​</p>
<p class="Paragraph SCXW54637995 BCX0" align="left"><em>How did he do it?&nbsp;</em></p>
<p class="Paragraph SCXW54637995 BCX0" align="left">According to George, the key is building relationships, consistency, and hard work, day in and day out.&nbsp;&nbsp;​</p>
<p class="Paragraph SCXW54637995 BCX0" align="left">George gave an example of how this strategy worked.&nbsp;</p>
<p>​George had visited a sovereign fund just 5 times in 4 years, and his colleagues advised him to give up because they believed they were never going to give him business.&nbsp;&nbsp;</p>
<p>​Yet, after the 5th visit, a fax arrived, granting a $1.5 billion mandate, affirming the importance of consistency in building relationships. George saw value in understanding the culture and spending time on potentially sometimes inefficient businesses, which helped him navigate partnerships in the market.&nbsp;&nbsp;​</p>
<p>​</p>
<h3>From banking to 'making bank' in the real estate industry&hellip;​</h3>
<p class="Paragraph SCXW54637995 BCX0" align="left">George is now leading one of the most successful estate agency businesses on the planet, how did he get there?</p>
<p>​After George&rsquo;s banking days, he didn&rsquo;t see any further value in the market from an earning perspective. He shares how working in a private environment had always been beneficial to him, as he was able to get deals done faster, whereas if you work for the big banks, there are regulations and sometimes by the time you get to finalising a decision the deal is off the table.&nbsp;&nbsp;​</p>
<p class="Paragraph SCXW54637995 BCX0" align="left">This empowered George to be agile and fast in decision-making. His main idea was to set up his own bank, but it was very costly and required a lot of funds.</p>
<p align="left">He asked his friend, &lsquo;What could I set up that looks like a bank, behaves like a bank but doesn&rsquo;t cost like a bank?&rsquo;, and the answer was real estate. So, he thought if he wanted to get into real estate, he needed a brand.&nbsp;&nbsp;​</p>
<p class="Paragraph SCXW54637995 BCX0" align="left">He reeled through a list of names and that&rsquo;s when he came across the name: Sotheby&rsquo;s.</p>

George Azar: How to turn $60 million into $5 billion

<h2 align="left">The podcast series where property&nbsp;<em>meets</em>&nbsp;people.</h2>
<p class="MsoNormal" align="left"><strong>A podcast where we explore the latest trends in the real estate market and interview influential leaders, uncovering the strategies that drive success in this ever-evolving landscape.</strong></p>
<p class="MsoNormal" align="left">&nbsp;</p>
<p class="MsoNormal"><strong>Our guest this episode is Dominic Agace, CEO of the renowned upmarket agency Winkworth.</strong></p>
<p class="MsoNormal">Hosted by Andrew Deverell-Smith, Global CEO &amp; Founder of deverellsmith and Hintel, they explore Dominic&rsquo;s perspective on the future of the London property market, Winkworth&rsquo;s plans for growth and expansion, and the invaluable advice he has for aspiring professionals looking to make their mark in real estate.</p>
<h3><strong>Life before Winkworth</strong></h3>
<p class="MsoNormal">In the journey of Dominic&rsquo;s career, he shared his initial steps were taken as a politics student at Newcastle University. It was here that he questioned where his degree in politics could take him. With curiosity, he ventured into diverse fields such as financial public relations and risk analysis. However, it was only a matter of time before his path led him to a new and intriguing domain.</p>
<p class="MsoNormal">Dominic&rsquo;s turning point came when he found himself drawn to the world of real estate with Winkworth. This was the place where he planted his feet and embarked on a journey that would shape his career. He found the passion within his career in this family business and believed it was somewhere he could make a real impact.</p>
<h3 class="MsoNormal"><strong>What does the future hold for Winkworth?</strong></h3>
<p class="MsoNormal">It&rsquo;s clear that Dominic has a distinct vision for its future. His primary goal is to maintain a multifaceted approach to the business, constantly evolving and exploring new avenues.</p>
<p class="MsoNormal">Key objectives include not only generating new business areas but also nurturing a robust network, preserving market share, and positioning the company as one of the top three operators in its domain. Moreover, diversification remains a crucial aspect of their strategy.</p>
<p class="MsoNormal">A significant move was their launch into the commercial sector last year and this year, they&rsquo;ve set their sights on venturing into the New Homes market. This expansion demonstrates their commitment to adapt and grow in an ever-changing business landscape.</p>
<h3 class="MsoNormal"><strong>What advice would you give aspiring property leaders?</strong></h3>
<p class="MsoNormal">Dominic insights that in the realm of business, the most valuable piece of advice one can receive is also the simplest: work hard. The individual who puts in the most effort in any room often emerges as the most successful. While the business landscape may seem intricate, at its core, it&rsquo;s a straightforward principle &ndash; hard work pays off. The more you invest in it, the greater the rewards waiting at the other end of the journey.</p>
<p class="MsoNormal">He suggested to maintain the hard work, it&rsquo;s important to surround yourself with environments that keep you motivated. Remember in the world of business, hard work and the right motivating environments are you keys to unlocking exceptional results.</p>

Dominic Agace: Who's worth watching in property?

<h2 align="left">The podcast series where property&nbsp;<em>meets</em>&nbsp;people.</h2>
<p class="MsoNormal" align="left"><strong>A podcast where we explore the latest trends in the real estate market and interview influential leaders, uncovering the strategies that drive success in this ever-evolving landscape.</strong></p>
<h5 align="left"><strong>Our first guest is the visionary leader, Naomi Heaton - CEO at The Other House.</strong></h5>
<p class="p1" align="left">Naomi Heaton is a trailblazer in the realm of luxury hospitality and unique accommodations, consistently pushing the boundaries of what&rsquo;s possible in this dynamic industry.&nbsp;</p>
<p class="p1" align="left">Her remarkable journey has been defined by her relentless pursuit of excellence and deal-seated passion for creating exceptional living spaces.&nbsp;</p>
<p class="p1" align="left">Her work has left an indelible mark on the world of luxury accommodations, and as she continues to challenge the status quo, we can only anticipate even more awe-inspiring projects that redefine the very essence of luxury living.</p>

Naomi Heaton: Pushing the boundaries of luxury hospitality

<h3>Watch our latest episodes</h3>

<p>George Azar, CEO Sotheby's International Realty</p>

<h3>We hired entrepreneurs and put enemies into one room.</h3>

<p data-renderer-start-pos="219"><strong data-renderer-mark="true"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">LONDON, April 28, 2025</span></strong><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8"> &mdash; deverellsmith, a leading talent solutions provider for the real estate industry, today announced the release of its highly anticipated "Salary Guide &amp; Trends Report 2025," offering crucial insights into compensation trends, hiring patterns, and workforce priorities across the entire property lifecycle.</span></p>
<p data-renderer-start-pos="549"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">"As we navigate through 2025, it's clear that the real estate industry remains resilient, with global markets continuing to expand despite economic challenges," said Andrew Deverell-Smith, CEO and Founder of deverellsmith &amp; Hintel. </span></p>
<p data-renderer-start-pos="783"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">"The shift from the 'Great Resignation' to the 'Great Stay' has created a more employer-favourable landscape, but hiring demand is still high, especially in specialised roles."</span></p>
<h2 id="Key-findings-from-the-report-include:" data-renderer-start-pos="961"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">Key findings from the report include:</span></h2>
<ul class="ak-ul" data-indent-level="1">
<li>
<p data-renderer-start-pos="1002"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">Entry-level salaries have risen modestly, with negotiator positions starting in the mid-&pound;20,000s and graduate roles reaching &pound;28,000-&pound;30,000.</span></p>
</li>
<li>
<p data-renderer-start-pos="1147"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">Development and acquisition sectors have experienced salary stagnation due to cautious investment and planning constraints, while specialised technical roles still command premium rates with increases up to &pound;15,000.</span></p>
</li>
<li>
<p data-renderer-start-pos="1366"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">The Renters Reform Bill is reshaping commission structures in lettings from upfront to monthly payments, creating an unintended retention benefit as professionals accumulate guaranteed future income.</span></p>
</li>
<li>
<p data-renderer-start-pos="1569"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">Professional priorities continue to evolve, with 41% of employees now favouring higher pay, while work-life balance considerations have decreased from 54% in 2024 to 39% in 2025.</span></p>
</li>
</ul>
<p data-renderer-start-pos="1751"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">Industry experts anticipate a significant market shift within 12-24 months as projects advance through gateway approvals. This could potentially create increased competition for top talent and drive substantial wage increases across sectors that have remained relatively stable during this period of economic uncertainty.</span></p>
<p data-renderer-start-pos="2074"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">The full "Salary Guide &amp; Trends Report 2025" is now available and includes detailed salary information across multiple real estate disciplines, including investment, land and development, construction, sales and lettings, property management, and more.</span></p>
<h3 data-renderer-start-pos="2074"><span class="fabric-background-color-mark" data-renderer-mark="true" data-background-custom-color="#fedec8">Simply fill in the form below to download the guide. </span></h3>

deverellsmith releases comprehensive 2025 Salary Guide & Trends Report for the real estate industry

<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true" data-pm-slice="1 1 []">Let's talk about what's happening in the property finance world right now. The past year has brought some interesting shifts in salaries, hiring practices, and what candidates are looking for. Both companies and finance professionals need to get to grips with these new realities as the economy stabilises and workplace expectations continue to evolve.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">Salary growth is cooling down</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">After several years of accelerated wage inflation driven by cost-of-living concerns, salary growth across the property finance sector has settled at approximately 5% over the past year. This represents a significant cooling compared to previous expectations of 10%+ increases, largely corresponding with broader inflation coming under control.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">However, this moderation isn't uniform across all segments. We continue to observe stronger wage inflation in specific areas:</p>
<ul class="ak-ul" data-prosemirror-content-type="node" data-prosemirror-node-name="bulletList" data-prosemirror-node-block="true">
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><strong data-prosemirror-content-type="mark" data-prosemirror-mark-name="strong">Newly qualified accountants</strong> are still in high demand and commanding better pay</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><strong data-prosemirror-content-type="mark" data-prosemirror-mark-name="strong">Transactional roles</strong> like accounts payable, receivable, and credit control continue to see above-average increases</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><strong data-prosemirror-content-type="mark" data-prosemirror-mark-name="strong">Graduate salaries</strong> have jumped to &pound;28k-&pound;30k (up from &pound;25k)</p>
</li>
</ul>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">This bump at the entry level is having a knock-on effect, pushing up pay for professionals with 1-3 years of experience as companies try to keep their salary scales making sense.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">The flexibility premium</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Perhaps the most significant shift we've witnessed is the elevation of workplace flexibility from a nice-to-have perk to a fundamental consideration in candidate decision-making. Our recruitment data reveals a clear preference for positions offering remote work arrangements, with roles providing two work-from-home days attracting substantially more interest than higher-paying positions with limited flexibility.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">This effectively creates a direct trade-off between compensation and work-from-home arrangements, with many candidates willing to accept modestly lower salaries in exchange for improved work-life integration. Organisations offering hybrid arrangements are experiencing measurably improved candidate attraction and retention rates.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">Beyond money: Career development keeps people around</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">A good salary gets people in the door, but clear progression keeps them from walking out of it. Today's finance professionals want more than just a paycheck - they want to build skills and see a clear path forward.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">We're seeing higher turnover in finance departments with flat structures where there's nowhere to go. People are voting with their feet and moving to companies that offer better development opportunities. The organisations doing retention right are the ones with clear development plans, mentoring, and transparent promotion paths.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">What else do candidates want?</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">A couple of other things worth mentioning about what today's finance professionals are looking for:</p>
<ul class="ak-ul" data-prosemirror-content-type="node" data-prosemirror-node-name="bulletList" data-prosemirror-node-block="true">
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><strong data-prosemirror-content-type="mark" data-prosemirror-mark-name="strong">Normal working hours</strong>: There's real pushback against long days (9-6 or longer). Most qualified professionals below the executive level want standard 9-5 hours and will choose roles that respect their time.</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><strong data-prosemirror-content-type="mark" data-prosemirror-mark-name="strong">Work that matters</strong>: People want to feel their job has purpose, and they're making a real contribution.</p>
</li>
</ul>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">Market outlook: Cautiously optimistic but more careful</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">The market mood has improved since the new government came in, but there's still uncertainty around when interest rates will normalise. This is affecting hiring patterns - larger institutions and project-focused businesses are being more hesitant than smaller, nimbler companies that can adapt quickly.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Recruitment processes have gotten much more thorough:</p>
<ul class="ak-ul" data-prosemirror-content-type="node" data-prosemirror-node-name="bulletList" data-prosemirror-node-block="true">
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">More testing and assessment stages</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Longer decision-making timelines</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">More focus on cultural fit and long-term potential</p>
</li>
</ul>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">This extra caution makes sense given the upcoming National Insurance contribution increases that will make each new hire more expensive. Companies want to be sure they're making the right choice the first time around.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">One trend that's impossible to ignore - counter-offers have become almost guaranteed for good candidates who make it to final interviews. Employers know how disruptive and costly it is to replace good team members, so they're increasingly willing to improve pay and conditions to keep them.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">Navigating forward</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">As we move through 2025, organisations that will succeed in attracting and retaining top finance talent will be those that:</p>
<ol class="ak-ol" start="1" data-prosemirror-content-type="node" data-prosemirror-node-name="orderedList" data-prosemirror-node-block="true">
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Offer competitive compensation aligned with current market expectations</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Provide meaningful flexibility that acknowledges the changed workplace landscape</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Create clear development pathways that extend beyond salary progression</p>
</li>
<li data-prosemirror-content-type="node" data-prosemirror-node-name="listItem" data-prosemirror-node-block="true">
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Maintain efficient, respectful recruitment processes that value candidates' time</p>
</li>
</ol>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">The property finance recruitment landscape continues to evolve, but with thoughtful strategy and awareness of these key trends, both employers and candidates can successfully navigate this new normal.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><a href="https://bit.ly/4jaJc61" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Download our full Salary Guide &amp; Trends Report 2025 now.</a></p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><em>Joseph heads up deverellsmith&rsquo;s Accounting &amp; Finance team and is an experienced headhunter specialising in sourcing the best accounting and finance leaders within the real estate sector. With over 8 years of experience sourcing talent across the residential and commercial property sectors, he is the perfect recruitment partner for any senior finance hires.</em></p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><strong>If you are looking to hire top accounting and finance professionals, get in touch below.</strong></p>

Salary shorts: Property accounting & finance salary trends and hiring insights from the experts

<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true" data-pm-slice="1 1 []">As Executive Director at deverellsmith, I've had a front-row seat to the evolving compensation landscape in property marketing. Our latest Salary Guide &amp; Trends Report reveals some interesting trends that both employers and candidates should be aware of in today's market.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">A tale of two salary tracks</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">What strikes me most about our findings is the uneven nature of salary progression across different levels. Junior marketing roles are experiencing minimal movement despite increasingly challenging hiring conditions. Many talented marketers with less experience are finding better pay and benefits packages outside real estate.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">In contrast, mid-level marketing positions have seen notable salary growth. This is largely driven by talent movement within the sector, with professionals leveraging their experience to secure better compensation packages. Meanwhile, the senior executive market presents yet another picture &ndash; it's crowded with qualified candidates who are often willing to be more flexible on compensation.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">The premium skills commanding top compensation</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">If there's one thing that&rsquo;s clear, it's that digital expertise combined with property experience represents the most significant skills shortage in our sector. Professionals who bring both to the table can command premium salaries.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">Commercial acumen is also setting high earners apart. In today's economic climate, marketers who can demonstrate a clear return on marketing spend are worth their weight in gold. Property companies are increasingly prioritising professionals who can connect marketing activities directly to business outcomes.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">Beyond salary: What really attracts talent</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">What I find particularly interesting is how workplace flexibility has evolved from a pandemic-era necessity to a top talent priority. The conversation has moved beyond simple remote work policies to more nuanced flexibility arrangements that accommodate childcare needs and reduce commuting costs, especially for those living outside London, where travel expenses have skyrocketed.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">For property businesses struggling to match salary offers from tech or hospitality sectors, my recommendation is clear: invest in your people through training and enhanced benefits packages. This approach often proves more effective than trying to compete solely on base salary, especially when budget constraints are tight.</p>
<h3 data-prosemirror-content-type="node" data-prosemirror-node-name="heading" data-prosemirror-node-block="true">Looking forward</h3>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">As we navigate this complex landscape, property marketing leaders need to recognise these nuanced trends and adapt their recruitment and retention strategies accordingly. The companies that will be at an advantage won't necessarily be those offering the highest salaries across the board, but those who understand the varying priorities at different career stages and create compelling overall packages tailored to what truly matters to today's marketing professionals.</p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><em data-prosemirror-content-type="mark" data-prosemirror-mark-name="em">Georgia Zambakides is Executive Director at deverellsmith, specialising in property talent acquisition and retention strategies. Georgia specialises within New Homes Sales, Marketing &amp; Aftercare, Business Support and Leasehold divisions as well as spearheading the expansion of deverellsmith&rsquo;s overarching business growth strategy.</em></p>
<p data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true"><a href="https://bit.ly/4jaJc61" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Download our full Salary Guide &amp; Trends Report 2025 now.</a></p>
<h4 data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">&nbsp;</h4>
<p>Whether you are a marketing professional looking for your next role, or a hiring manager looking to hire top marketing talent, get in touch below.</p>

Salary shorts: Property marketing salary trends and hiring insights from the experts

Your digital transformation toolkit: Tech skills for tomorrow's property professionals

<p><iframe title="YouTube video player" src="https://www.youtube.com/embed/RMXJ63rF9z8?si=EyzcyS1qwDZjFhmv" width="560" height="315" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="allowfullscreen" referrerpolicy="strict-origin-when-cross-origin"></iframe></p>
<h5 data-renderer-start-pos="81">Want to listen on the go? <span style="color: #78be20;"><a style="color: #78be20;" href="https://bit.ly/4iGERqd">Listen now on devcast...</a></span></h5>
<h1 data-renderer-start-pos="81">Property industry leaders discuss the housing market solutions and challenges.</h1>
<p data-renderer-start-pos="81">The 10th edition of <em data-renderer-mark="true">Banking on the Future</em> brought together leading voices from the property industry to discuss the current state of the housing market, economic trends, and innovative solutions to the UK&rsquo;s housing challenges.</p>
<p data-renderer-start-pos="309">Against the backdrop of economic fluctuations and regulatory shifts, the expert panel engaged in an insightful and solutions-driven conversation about the future of UK housing &ndash; particularly in London. Below are some of the key takeaways from this dynamic discussion.</p>
<h4 id="Overcoming-Challenges-in-UK-Housing-Delivery" data-renderer-start-pos="578">Overcoming challenges in UK housing delivery</h4>
<p data-renderer-start-pos="624">The government&rsquo;s ambitious goal of delivering 1.5 million homes within this parliamentary term is undeniably bold. Bob Weston, Chairman of Weston Homes, highlighted the need for significant action to meet demand, particularly given a 40% drop in housing output and a decline in first-time buyers due to limited mortgage support schemes.</p>
<p data-renderer-start-pos="962">Robert Mulryan, Director at Ballymore, emphasised that London, in particular, faces a steeper challenge, with construction starts down approximately 70% from the 10-year average. However, both experts expressed optimism that with the right policy changes and industry collaboration, the sector can regain momentum.</p>
<h4 id="Keeping-London-Competitive-on-the-Global-Stage" data-renderer-start-pos="1278">Keeping London competitive on the global stage</h4>
<p data-renderer-start-pos="1326">London remains a world-class city, but maintaining its appeal to high-net-worth individuals and businesses is crucial. Daniel Daggers, Founder of DDRE.Global, pointed out that London must compete more effectively for global talent and investment.</p>
<p data-renderer-start-pos="1574">&ldquo;The ultra-high-net-worth community is hypermobile,&rdquo; he explained. &ldquo;We need to create an environment that entices them to choose London over other global hubs.&rdquo;</p>
<p data-renderer-start-pos="1736">Daggers advocated for more supportive tax policies, streamlined entrepreneurial regulations, and enhanced AI capabilities to foster a thriving business environment.</p>
<h4 id="Bridging-the-Housing-Affordability-Gap" data-renderer-start-pos="1902">Bridging the housing affordability gap</h4>
<p data-renderer-start-pos="1942">Geeta Nanda, a leader in both affordable housing and private development, underscored the importance of making housing accessible to medium-income groups. &ldquo;The demand for housing is massive, particularly in London. We need to innovate in how we fund and deliver affordable housing,&rdquo; she said.</p>
<p data-renderer-start-pos="2236">She highlighted the vital role housing associations play in affordability but noted that rising costs and financial pressures have limited their ability to build at scale. Her call to action? More efficient allocation of existing government funds rather than reliance on new funding sources.</p>
<h4 id="Practical-Solutions-for-a-Stronger-Housing-Market" data-renderer-start-pos="2529">Practical solutions for a stronger housing market</h4>
<p data-renderer-start-pos="2580">The panel shared a range of solutions designed to boost housing supply and affordability, including:</p>
<ul class="ak-ul" data-indent-level="1">
<li>
<p data-renderer-start-pos="2684"><strong data-renderer-mark="true">Recapitalising housing associations:</strong> Redirecting funds to support building safety measures, freeing up resources for new development.</p>
</li>
<li>
<p data-renderer-start-pos="2821"><strong data-renderer-mark="true">Simplifying design standards:</strong> Adjusting London&rsquo;s design requirements to enable the construction of more affordable homes, better aligned with market demand.</p>
</li>
<li>
<p data-renderer-start-pos="2981"><strong data-renderer-mark="true">Expanding mortgage availability:</strong> Introducing genuine 90% mortgage products to improve accessibility for first-time buyers.</p>
</li>
<li>
<p data-renderer-start-pos="3107"><strong data-renderer-mark="true">Updating shared ownership caps:</strong> Revising outdated income thresholds to reflect current market realities and allow more people to benefit.</p>
</li>
<li>
<p data-renderer-start-pos="3248"><strong data-renderer-mark="true">Empowering small and medium Developers:</strong> Supporting smaller projects that can contribute to overall supply while waiting for larger developments to materialise.</p>
</li>
</ul>
<h4 id="A-Positive-Outlook-for-London&rsquo;s-Future" data-renderer-start-pos="3411">A positive outlook for London&rsquo;s future</h4>
<p data-renderer-start-pos="3451">Despite the challenges, the panel remained confident in London&rsquo;s enduring appeal. Robert Elder, Senior Economist at the Bank of England, reassured attendees that the current government is committed to building more homes and is open to practical solutions from industry leaders.</p>
<p data-renderer-start-pos="3731">London&rsquo;s cultural and economic strengths remain a powerful draw. &ldquo;60% of global music production happens in the UK. We have an incredible theatre district. The talent here is exceptional,&rdquo; noted Daniel Daggers.</p>
<p data-renderer-start-pos="3943">Robert Mulryan added a note of urgency: &ldquo;London is one of the greatest cities in the world, but competition is fierce. We need to act decisively to maintain our position.&rdquo;</p>
<h4 id="Turning-Ideas-into-Action" data-renderer-start-pos="4116">Turning ideas into action</h4>
<p data-renderer-start-pos="4143">The message from the panel was clear: the time for discussion has passed&mdash;it&rsquo;s time for action. Addressing the housing crisis isn&rsquo;t just about policy; it&rsquo;s about people.</p>
<p data-renderer-start-pos="4313">Geeta Nanda summed it up best: &ldquo;We need to start making real, actionable changes.&rdquo;</p>
<p data-renderer-start-pos="4397">With the right strategies, collaboration, and commitment, the UK has the expertise and investment potential to create a thriving, inclusive housing market that works for everyone.</p>
<p data-renderer-start-pos="4397">If you are looking to hire in 2025, we'd be keen to support you with talent solutions. Get in touch below.</p>

Real estate in 2025: Challenges, solutions & what’s coming next

<p>​In recent times, the world has faced some challenges and uncertainties and it&rsquo;s natural to be dubious about where to build your career.</p>
<p align="start">If you are considering taking that next step or leaping into the property industry, this blog will take you through 3 of the key benefits of gaining a job in property could bring you, as well as the opportunities there are to take hold of.</p>
<ol class="ak-ol">
<li>
<h3>Stable, resilient and adaptable</h3>
</li>
</ol>
<p align="start">One of the primary drivers of the real estate industry is the demand for housing. Regardless of economic conditions, people will always need somewhere to live. The growing population further fuels this meaning the demand for housing continues to be steady.</p>
<p align="start"><strong>How is the property industry resilient?</strong></p>
<p align="start">Despite economic fluctuations, the UK property industry has displayed resilience over the years and has historically recovered from downturns and continued to grow in the long run.</p>
<p align="start">The real estate industry also adapts exceptionally well to the motives and demands of its stakeholders. An example of this is the recent growth of the rental market.</p>
<p align="start">According to The Guardian, the demand for rental homes has increased by 23%, due to more people not being able to afford to buy properties. &lsquo;The rental market is as strong as ever, which is helping to combat challenges around operations for many businesses in the property market&rsquo; &ndash; Sowgol Zarinchang, Managing Director - Way of Life.</p>
<p align="start">This stability can provide you with a sense of security and confidence in your next career decision, knowing the property industry has a strong foundation and long-term potential. There will always be a need for property professionals within the whole lifecycle, whether that&rsquo;s real estate agents, property managers or quantity surveyors.</p>
<h3 align="start">2. Diverse career paths</h3>
<p align="start">According to the British Property Federation, the real estate sector supported more than 2.6 million jobs in 2022. You won&rsquo;t find it hard to find the role that suits you as the market offers a wide range of career opportunities, allowing you to choose a path that aligns with your interests and specific skill set. From estate agents to construction managers, there are countless roles to explore.</p>
<h4 align="start"><strong>How does the property industry offer career growth?</strong></h4>
<p align="start">It&rsquo;s not just the diverse career paths that the property industry has to offer, but also the ample prospects for career growth and development. You can start your career in various entry-level roles and progress to more senior positions as you gain experience and expertise. The diverse nature of the property industry and the roles within it provides opportunities to specialise in your areas of interest and develop niche expertise.</p>
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<h3 align="start">3. Lucrative financial rewards</h3>
<h4 align="start"><strong>How lucrative is the property industry?</strong></h4>
<p align="start">There is no doubt that the property industry is a lucrative one, and according to the British Property Federation, it contributes over &pound;100bn to the UK&rsquo;s economy each year. Working in the sector can be financially rewarding, with plentiful opportunities for earning a substantial income.</p>
<p align="start">Real Estate sales professionals, such as estate agents, often benefit from commissions based on the value of the properties they sell. As the demand for quality properties continues to rise, so do the property values, providing opportunities for long-term financial gains. Whether you&rsquo;re involved in property development, sales or investment, the potential for financial success in this sector is significant.</p>
<p align="start">From steady demand for housing, diverse career paths and lucrative earning potential, the property industry offers numerous reasons to be positive. So, if you&rsquo;re considering a career in the property industry, embrace them, the opportunities are waiting for you!</p>

3 reasons to start a career in property

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