Tony Alexander Survey Report May 2022

May 2022

Key points of interest from this month’s survey
  • There continues to be a decline in the proportion of investors looking for a new property who will undertake the development themselves.
  • The ease with which investors can find good tenants is slowly falling away.
  • Bank willingness to lend is becoming “less worse”.
  • Interest in purchasing existing townhouses remains low, but demand for new ones is strong.
  • Despite rising interest rates there is no hastening move towards reducing debt levels.
  • However, an increasing proportion of investors are reporting they have no mortgage.

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