Only Property Jobs reports on how the Property Jobs Market will Benefit in 2013

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Thanks to the growth in the housing industry, property careers are on the increase in 2013

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We have already seen an increase in new property vacancies and in particular from larger estate agencies planning their recruitment strategies for 2013.

As the New Year is well under way and January has sobered everyone up, one of the economic boosts has to be the increase in demand from new buyers across the property market. Although property prices have dipped in a small selection of areas, there is a definite resurgence of people buying new properties or climbing onto the property ladder.

Property agent Hometrack have already highlighted 79% of estate agents feeling more confident about house sales on the rise and asking prices reducing to become more acceptable compared to this time last year.

As house sales increase, this means more available jobs opening up in the property sector. There may be an increase in new estate agents and letting agents but more likely be new jobs created across a broad range of the property sectors including surveyors, sales and administration areas.

Mark Lennard, Managing Director of Only Property Jobs said, “We have already seen an increase in new property vacancies being placed and in particular enquiries from larger estate agencies planning their recruitment strategies for 2013.”

To help new home buyers, the government launched the ‘FirstBuy’ scheme in June 2011, which enabled people to take out a mortgage for 75% of the property’s cost and pay a 5% deposit as opposed to 15%. The remainder of the cost of the property is paid for via an ‘equity loan’ that is funded jointly by the house builders and government. This loan is then paid back after 25 years or when the property is sold. The government announced in September 2012 that they would be pumping a further £280million into this scheme, so an extra 16,500 first time buyers can benefit from the scheme and hopefully lower the average age of first time buyers which has currently gone up to 35.

Lennard goes on to say, “The increase in new home buyers will help improve the property jobs market and available jobs in the property sector will follow. We are finding that as well as an increase in January from existing workers across the property industry we are also seeing an influx of graduates and those that have taken redundancies in other industries looking for new career paths. Since Only Property Jobs recently became the official partner for the National Association of Estate Agents (NAEA) and National Association of Letting Agents (NALA) we have seen a big increase in demand for property jobs from candidates and with the buoyant housing market in 2013 we expect more of these candidates to find suitable roles."

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