Presentation by Nigel Lewis, head of content at the Digital Property Group, on challenges and changes past, present and future within the UK property market. Made at the Property Drum national conference.

1. Changes and Challenges

2. 2 Change and Challenges The challenges to our business are often... the challenges to your business

3. 3 Change and Challenges So today we are going to examine: Trends, changes and challenges of: the lettings and sales markets, online innovation, consumer behaviour, technology and #social @media.

4. 4 Change and Challenges So today we are going to examine: Trends, changes and challenges of: the lettings and sales markets, online innovation, consumer behaviour, technology and #social @media.

5. 5 Change and Challenges So today we are going to examine: Trends, changes and challenges of: the lettings and sales markets, online innovation, consumer behaviour, technology and #social @media.

6. 6 Change and Challenges So today we are going to examine: Trends, changes and challenges of: the lettings and sales markets, online innovation, consumer behaviour, technology and #social @media.

7. 7 Change and Challenges So today we are going to examine: Trends, changes and challenges of: the lettings and sales markets, online innovation, consumer behaviour, technology and #social @media.

8. The rental market is getting hotter. But by how much? 8 Change and Challenges

9. A shift away from sales? 9 Change and Challenges

10. A shift away from sales? 10 Change and Challenges

11. Reality check? The gap between asking and sold house prices 11 Change and Challenges

12. 12 Change and Challenges Thereality___gap Source: Land Registry and FindaProperty.com Index

13. First time buyers Everyone says they are in trouble, but what do they think? 13 Change and Challenges

14. First time buyers’ thoughts 14 Change and Challenges Source:MyHomeLife, September 2011

15. First time buyers’ thoughts 15 Change and Challenges Source:MyHomeLife, September 2011

16. First time buyers’ thoughts 16 Change and Challenges Source:MyHomeLife, September 2011

17. Are ‘for sale by owner’ sites making any headway? 17 Change and Challenges

18. 18 Change and Challenges Source:Hitwise, 2011

19. Tepilo has 0.061% share of the property sector online 19 Change and Challenges Source:Hitwise, 2011

20. 20 Change and Challenges August 2011 DPG visits = 14 million Tepilo = 41,000 Source:Hitwise, 2011

21. Taking stock What’s happening in the wider market? 21 Change and Challenges

22. Lettings Number of homes let isup by 3% since January 22 Change and Challenges

23. Prices Number of homes that had their price changed since January: up 12% 23 Change and Challenges

24. Case study: Notting Hill Percentage of homes on market since January that have sold? 24 Change and Challenges

25. 24% 25 Change and Challenges

26. Case study: Notting Hill Percentage of homes on market since January that are ‘slow moving’? 26 Change and Challenges

27. 37% 27 Change and Challenges

28. 28 Change and Challenges How is the internet changing home hunting behaviour?

29. 29 Change and Challenges Power to the people?

30. 30 Change and Challenges The consumer is becoming more of an expert

31. 31 Change and Challenges People have more knowledge about everything

32. 32 Change and Challenges ...or do they?

33. 33 Change and Challenges What does this mean for sales and lettings agents?

34. 34 Change and Challenges How long does it take to get into town from here? Is it true a Waitrose is opening soon? Are houseprices going up around here? Which is the best school locally? Is that road a crime hotspot? Which is the best value street to buy a home in?

35. 35 Change and Challenges Twitter Facebook Blogs Local forums

36. 36 Change and Challenges Source:Hitwise, 2011

37. 37 Change and Challenges Smartphone use is increasing – knowledge on the go about your area

38. 38 Change and Challenges Source:Ofcom, 2011

39. 39 Change and Challenges Many

40. 40 Change and Challenges Many thanks

41. 41 Change and Challenges Many thanks for listening