The Savills Blog

What does the football transfer window mean for property?

Image treatment

The football transfer window, which lasts from the beginning of January to the beginning of February, has just closed. During this period, the property market invariably sees a spike in activity from football players, and 2017 has been no exception.

There are always a number of Premiership and Championship players who are finalising their transfer or loan moves to new clubs, agreeing new contracts or contract extensions. And as with any move for work, current homes must be sold or let and new homes bought or rented.

There are other considerations that can affect a player's property requirements, such as local schools and access to training grounds. And in the case of contract extensions or renewals, players may have a change in their overall financial package, resulting in a desire to upscale their properties.

Much like 2016, the trend for younger buyers opting to rent rather than purchase a home has continued, while more established footballers (especially those in London) showed a preference to buy.

However, the transfer window doesn't only affect domestic moves. This year there has been move activity with the Chinese Super League, with some younger players transferring across for the first time, all due to the record-breaking transfer fees and wages on offer.

Despite the SDLT changes last April, bricks and mortar continue to be a popular investment choice for football players with strong levels of Buy-to-Let activity.

Further information

Contact Savills Sports, Media & Entertainment

 

 

Recommended articles