The impact of the remote workforce on the real estate market

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In parallel to the outstanding health of the UK’s property market over the past couple of years, a number of trends have emerged which could dramatically change the face of real estate. Chief among these is the rise of remote and hybrid working patterns.

To many in the property industry, the immediate results of these trends were self-evident. Indeed, much has been made of the ‘race for space’, with the newfound freedom to work from home undoubtedly fuelling buyers’ preferences for more spacious properties outside urban centres.

A recent survey found that 60% of Britain’s workforce worked remotely during the first lockdown, highlighting the breadth of the change in the relationship people had with their homes.

But what started as a temporary solution to an unprecedented global crisis, has led to a permanent shift in work dynamics, with companies increasingly leaning in towards…

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