The problems faced by the property industry as Brexit drags on are well documented, but one unexpected downside is that TV stations are now struggling to find home buyers to participate in their property shows.
The latest to experience difficulties is Homes Under the Hammer, whose presenter and I’m a Celebrity star Martin Roberts has said Brexit is now beginning to impact filming.
He told a national newspaper yesterday that the show was struggling to find participants because fewer properties are being sold via auctions in the UK.
Roberts’ comments reflect the latest auction data from the Essential Information Group.
Its latest analysis for July shows the number of residential lots offered are down by 7.5% year-on-year and the number of lots sold down by 9.5%.
For those who are too busy working to watch the mid-morning property programme, Roberts and his crew film buy-to-let auctions and then persuade those who win the bidding for lots to allow the programme film ‘what happens next’.
Unlike many other property TV shows such as Location, Location, Location which often have long turnarounds from filming to screen, Homes Under the Hammer is filmed very quickly.
Therefore, a drought of auction properties and willing candidates is quickly felt by the programme’s producers.
“It reflects what is going on, we have in recent times been doing quick turnarounds like I’ve never seen before,” Roberts told The Express newspaper. “I saw a property and in six weeks, it’s going on air.”