My Property Insights for 2020:

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Dear Friends,

Happy new year!

I'm very grateful to be living in London in these times.

For many people out there, safety and security in 2020 will seem like a pipe dream.

And without a healthy filter on one's media diet, feelings of anxiety and concern can get overwhelming.

But here in the UK we can say with greater conviction than perhaps anywhere else, that we have some balance amidst the uncertainty - and emerging clarity and direction.

Regardless of your political convictions, since the General Election on December 12th I have noticed many people in London agreeing that a framework is emerging that will see an end to the stasis of recent years.

And alongside this, a gratitude that the UK still represents one of mankind's safest havens, in an increasingly uncertain world.

My property insights at the beginning of this new decade:

1. Now is a great time to buy

There is no doubt that a majority conservative government that is committed to growth should (smooth Brexit process allowing) be good for the property market. However, a similar government saw fit to hike taxes on our sector by 3% in 2015, just as the referendum results were sinking in. The next few months represent a window in which buyers can move quickly and be assured of good prices, before the new government enshrines any further changes in practice.

2. Industry titans agree with me

Anthony Pidgley, CEO of Barkeley Homes, is someone I follow and who often calls it right. Anthony has recently commented that the market has bottomed out, reinforcing my points above that good prices are possible, but perhaps not for much longer - especially as majority Tory rule has great form for recoveries that bounce rather than increment over time.

3. We are expanding our offering to reflect customer demand

Property is changing. It is far more customer-centric than it used to be, with the emphasis on long-term trusted relationships with clients, rather than loyalty to the best deal at all costs. People want genuine impartial advice and expertise that delivers ROI consistently over time, and partnerships with service providers who deliver quality support time and time again. As the market has grown challenging in recent years, we have all needed to work harder and be more resourceful to realise the potential of our investments.

As such, buying, sales and interiors are now all core offerings here at Homes One.

Lastly, my wife and business partner Najwa's business turns five this year so we are celebrating. Stand by for more news.

I wish you and your closest friends and family a prosperous and peaceful 2020.

Warmly,

Karim

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Interior Insights: Volume 1.